MoreBT.cn - more best Topic

Web
MoreBT

Your location: Home » Finance

updated 11:17, Tue November 06, 2007

United Airlines October Traffic Slips 0.6 Percent on 1.1 Percent Reduction in Capacity

RANDOM NEWS

+-Text Size:

CHICAGO (AP) -- United Airlines on Monday said its traffic shrank slightly in October, as the carrier scaled back capacity by 1.1 percent.

The carrier flew 9.61 billion revenue passenger miles in October, down 0.6 percent from the 9.67 billion flown in the same month of 2006. A revenue passenger mile is an industry unit measuring one paying passenger flown one mile.

Traffic slipped 3.6 percent on North American routes to 5.67 billion revenue passenger miles. Atlantic routes posted the largest growth, expanding 12.3 percent to 1.5 billion revenue passenger miles.

Capacity slipped 1.1 percent, to 11.85 billion available seat miles from 12 billion in October 2006. Occupancy, or load factor, improved to 81.1 percent from 80.6 percent.

For the year to date, traffic increased 0.4 percent to 99.1 billion revenue passenger miles, as capacity sank 0.7 percent to 118.75 billion available seat miles. Occupancy rose to 83.5 percent from 82.6 percent.

Shares of United Airlines parent UAL Corp. slipped 20 cents to $45.33 in regular trading. In aftermarket activity, the stock rebounded 60 cents to $45.93.

Sounds Off:Your opinions and commentsView All»

Post a comment

Most Popular

Most Viewed
Most Comments

Please used IntrtnetExplorer or Firefox, Thanks.

Or, you can view the NoStyle version.