United Airlines sees RPMs rise 2.5pc in August

UNITED AIRLINES saw total consolidated revenue passenger miles (RPMs) rise in August by 2.5 per cent on an increase of 1.7 per cent in available seat miles (ASMs), compared with the same period last year.

This resulted in a reported August consolidated passenger load factor of 86.7 per cent, up 0.6 points compared to 2009.

For August 2010, consolidated passenger revenue per available seat mile (PRASM) is estimated to have jumped by 18.0 per cent to 19.0 per cent year on year.

Average August 2010 mainline fuel price, including gains or losses on settled fuel hedges and excluding non-cash, mark-to-market fuel hedge gains and losses, is estimated to be US$2.38 per gallon. Including non-cash, mark-to-market fuel hedge gains and losses, the estimated fuel price is $2.41 per gallon for the month, reports Business Wire.
(Source:www.schednet.com)