United Airlines

United Profit Falls 32% in Second Quarter

United Profit Falls 32% in Second Quarter

United Airlines announced financial results for the second quarter of 2016.
Net income for the quarter was $863 million, excluding special charges, a 31.5% year-over-year decrease. Revenue was down 5.2% at $9.4 billion.
The airline’s consolidated passenger revenue per available seat mile, or Prasm, was down 6.6%, which the carrier attributed to a strong U.S. dollar, lower surcharges, travel reductions from customers impacted by declining oil prices.
United said that it had recorded …

United Airlines Load Factor, Traffic Up in June

United Airlines Load Factor, Traffic Up in June

United Airlines announced operational results for June 2016.
The carrier’s consolidated traffic, capacity, and load factor were all up year-over-year for the month.
Total traffic for the Chicago-based airline during the month of June was 19.622 billion RPMs, or revenue passenger miles, an increase of 1.4% from 19.359 billion RPMs in June 2015.  The carrier’s total capacity for the month was up 0.5%, to 22.539 billion ASMs, or available seat miles, from …

Alaska, American, Delta, United Among U.S. Airlines to Receive Green Light for Service to Havana

Alaska, American, Delta, United Among U.S. Airlines to Receive Green Light for Service to Havana

The Department of Transportation announced that it awarded tentative authority to eight U.S. airlines to begin service to Havana.
Of the dozen carriers that applied for the opportunity to operate scheduled service to Havana, the eight that received tentative awards were Alaska Airlines, American Airlines, Delta Air Lines, Frontier Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, and United Airlines. The DOT said that the carriers represent a variety of travel choices, …

United Airlines Launches Non-Stop San Francisco-Auckland Route

United Airlines Launches Non-Stop San Francisco-Auckland Route

United Airlines announced the launch of new non-stop service between San Francisco, California, and Auckland, New Zealand. The carrier will operate the route three times days a week, using Boeing 787-8 Dreamliner aircraft.
Flights will depart San Francisco International Airport at 10:45 p.m. on Wednesdays, Fridays, and Sundays, and arrive at Auckland International Airport at 6:55 a.m. two days later. Flights from Auckland to San Francisco will depart at 1:20 p.m. …

United Airlines and Flight Attendants Union Reach Agreement on New Joint Contract

United Airlines and Flight Attendants Union Reach Agreement on New Joint Contract

United Airlines and the union representing its 25,000 flight attendants announced they had reached an agreement for a contract that covers flight attendants from the two airlines, United and Continental, which merged to form the current United Airlines.
The union, the Association of Flight Attendants, and the airline said they would work together to finalize contract language over the weekend.
Once finalized, the agreement is subject both to approval by the union’s …

United Airlines to Target $3.1 Billion in Revenue and Efficiency Gains Through 2018

United Airlines to Target $3.1 Billion in Revenue and Efficiency Gains Through 2018

United Airlines outlined plans to boost profits, cut costs, retool its systems, and win customers back with a target of $3.1 billion in revenue and efficiency gains.
The plan includes increasing revenue by $1.5 billion through better customer segmentation, improvements to its revenue management system, which has long been in need of an overhaul, and changes to its MileagePlus frequent flyer program.
The airline says that it will save an additional $1.3 …

United Airlines Sees Drop in Load Factor and Traffic for May

United Airlines Sees Drop in Load Factor and Traffic for May

United Airlines announced operational results for May 2016.
The Chicago-based airline’s consolidated traffic and load factor were both down slightly while consolidated capacity rose for the month.
Total traffic at the airline during the month of May was 18.033 billion RPMs, or revenue passenger miles, a decrease of 1.2% from 18.245 billion RPMs in May 2015. The carrier’s total capacity for the month was up 0.5%, to 21.858 billion ASMs, or available …