United Traffic Up, Prasm Likely to Drop
Total traffic for the Chicago-based airline during the month of May was 18.245 billion RPMs, or revenue passenger miles, an increase of 0.5% from 18.163 billion RPMs in May 2014. The carrier’s total capacity for the month was up 2.1%, to 21.472 billion ASMs, or available seat miles, from 21.296 ASMs last May.
United’s consolidated load factor decreased slightly, down 1.4 percentage points to 83.9% from 85.3% in May 2014.
The airline is forecasting a 5% to 6% drop in Prasm, or passenger revenue per available seat mile, for the second quarter of 2015. It attributes the decline to low oil prices and foreign currency exchange rate risks.
In terms of international traffic, United saw a decrease of 0.2%, while its international capacity rose by 2%. Meanwhile, the carrier saw a 2.5% increase in domestic revenue passenger miles, with a 3.9% increase in domestic available seat miles.
Mainline RPMs increased 1.1% with an increase of 2.9% rise in mainline ASMs, while regional RPMs decreased 4.2% with a 3.7% decrease in regional ASMs.
(Photo: Accura Media Group)