United Airlines Reports Increase in August Passenger Traffic and Revenue

In another sign that airline traffic is picking up, United
Airlines said August traffic rose, and a key measure of revenue was up as much
as 19 percent.


United

United said its revenue for each seat flown one mile
rose 18 percent to 19 percent in August, compared with August 2009. That was
enough to make it about even with its level in August 2008, which was just
before the recession and financial meltdown caused businesses to cut travel
budgets.

United’s systemwide traffic rose 2.5 percent to 11.3 billion
revenue passenger miles, or one paying passenger flown one mile. Capacity rose
1.7 percent to 13.03 billion available seat miles. International capacity rose
4.2 percent, while North America capacity was down 3.3 percent.

With traffic rising faster than capacity, United planes were
fuller. Load factor, a measure of occupancy, rose 0.6 percentage points to 86.7
percent.

On flights operated by United (as opposed to for-hire feeder
carriers), traffic rose 0.6 percent to 9.76 billion revenue passenger miles,
from 9.7 billion revenue passenger miles a year earlier. Mainline capacity fell
0.1 percent to 11.13 billion available seat miles.

For the first eight months of the year, United traffic rose 3
percent to 79.82 billion revenue passenger miles systemwide. Capacity fell 0.3
percent to 95.41 billion available seat miles. Load factor rose 2.7 percentage
points to 83.7 percent.