EX-99.1 2 exhibit991.htm EXHIBIT 99.1 exhibit991.htm

 
Exhibit 99.1
News Release
  
United Continental Holdings, Inc.
  
Worldwide Media Relations
  
312.997.8640
713.324.5080
  
media.relations@united.com
media.relations@coair.com
  

UNITED CONTINENTAL HOLDINGS REPORTS SEPTEMBER 2010
OPERATIONAL RESULTS FOR CONTINENTAL AIRLINES

CHICAGO, Oct. 1, 2010 – United Continental Holdings, Inc. (NYSE: UAL) today reported September 2010 and year-to-date 2010 operational results for Continental Airlines. Earlier today, United Continental Holdings, Inc., formerly UAL Corporation, announced that a wholly owned subsidiary merged with Continental Airlines, Inc., and that Continental Airlines and United Air Lines, Inc. are now wholly owned subsidiaries of United Continental Holdings, Inc. Stand-alone operational results for United Air Lines will be reported on Oct. 7.
 
Beginning with the release of October’s operational results in November, United Continental Holdings, Inc. will issue one news release on the fifth business day following the end of the prior month.
 
Continental’s consolidated traffic in September 2010 increased 3.1 percent versus September 2009 on a consolidated capacity increase of 1.4 percent. Continental’s consolidated load factor increased 1.4 points compared to the same period last year.
 
For September 2010, consolidated passenger revenue per available seat mile (RASM) for Continental is estimated to have increased between 19.0 and 20.0 percent compared to September 2009, while Continental’s mainline RASM is estimated to have increased between 21.0 to 22.0 percent compared to the same period last year.
 
Continental ended the third quarter of 2010 with an unrestricted cash, cash equivalents and short-term investments balance of approximately $4.20 billion.
 
About United Continental Holdings, Inc.
 
United Continental Holdings, Inc. (NYSE: UAL) is the holding company for both United Airlines and Continental Airlines. Together with United Express, Continental Express and Continental Connection, these airlines operate a total of approximately 5,800 flights a day to 371 airports throughout the Americas, Europe and Asia from their hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York, San Francisco, Tokyo and Washington, D.C. United and Continental are members of Star Alliance, which offers more than 21,200 daily flights to 1,172 airports in 181 countries worldwide through its 28 member airlines. United’s and Continental’s more than 80,000 employees reside in every U.S. state and in many countries around the world. For more information about United Continental Holdings, Inc., go to UnitedContinentalHoldings.com. For more information about the airlines, see united.com and continental.com, and follow each company on Twitter and Facebook.
 
-tables attached-
 
Continental Preliminary Operational Results
                         
   
September
  
Year-to-Date
   
2010
2009
Change
  
2010
2009
Change
REVENUE PASSENGER MILES (000)
                    
 
Domestic
3,113,877
3,173,371
-1.9
  
%
  
30,175,706
30,522,134
-1.1
  
%
                         
 
International
3,323,961
3,048,654
9.0
  
%
  
32,101,106
30,066,409
6.8
  
%
 
Transatlantic
1,904,904
1,727,480
10.3
  
%
  
16,039,894
15,426,106
4.0
  
%
 
Latin America
671,099
635,693
5.6
  
%
  
9,469,247
8,999,186
5.2
  
%
 
Pacific
747,958
685,481
9.1
  
%
  
6,591,965
5,641,117
16.9
  
%
                         
 
Mainline
6,437,838
6,222,025
3.5
  
%
  
62,276,812
60,588,543
2.8
  
%
 
Regional
724,711
724,977
0.0
  
%
  
7,286,564
6,984,255
4.3
  
%
 
Consolidated
7,162,549
6,947,002
3.1
  
%
  
69,563,376
67,572,798
2.9
  
%
AVAILABLE SEAT MILES (000)
                    
 
Domestic
3,759,886
3,778,821
-0.5
  
%
  
35,422,270
35,966,166
-1.5
  
%
                         
 
International
3,947,029
3,791,178
4.1
  
%
  
38,723,703
38,151,937
1.5
  
%
 
Transatlantic
2,200,485
2,079,010
5.8
  
%
  
19,137,394
19,582,526
-2.3
  
%
 
Latin America
856,419
819,389
4.5
  
%
  
11,651,234
11,061,249
5.3
  
%
 
Pacific
890,125
892,779
-0.3
  
%
  
7,935,075
7,508,162
5.7
  
%
                         
 
Mainline
7,706,915
7,569,999
1.8
  
%
  
74,145,973
74,118,103
0.0
  
%
 
Regional
936,311
956,913
-2.2
  
%
  
9,218,374
9,144,698
0.8
  
%
 
Consolidated
8,643,226
8,526,912
1.4
  
%
  
83,364,347
83,262,801
0.1
  
%
PASSENGER LOAD FACTOR
                      
 
Domestic
 82.8 Percent
 84.0 Percent
-1.2
  
pts
 85.2 Percent
 84.9 Percent
0.3
  
pts
                         
 
International
 84.2 Percent
 80.4 Percent
3.8
  
pts
 82.9 Percent
 78.8 Percent
4.1
  
pts
 
Transatlantic
 86.6 Percent
 83.1 Percent
3.5
  
pts
  
 83.8 Percent
 78.8 Percent
5.0
  
pts
 
Latin America
 78.4 Percent
 77.6 Percent
0.8
  
pts
  
 81.3 Percent
 81.4 Percent
-0.1
  
pts
 
Pacific
 84.0 Percent
 76.8 Percent
7.2
  
pts
  
 83.1 Percent
 75.1 Percent
8.0
  
pts
                         
 
Mainline
 83.5 Percent
 82.2 Percent
1.3
  
pts
 84.0 Percent
 81.7 Percent
2.3
  
pts
 
Regional
 77.4 Percent
 75.8 Percent
1.6
  
pts
 79.0 Percent
 76.4 Percent
2.6
  
pts
 
Consolidated
 82.9 Percent
 81.5 Percent
1.4
  
pts
 83.4 Percent
 81.2 Percent
2.2
  
pts
ONBOARD PASSENGERS
                      
 
Mainline
3,391,332
3,330,332
1.8
  
%
  
34,086,874
34,618,306
-1.5
  
%
 
Regional
1,354,004
1,350,709
0.2
  
%
  
13,335,304
12,932,311
3.1
  
%
 
Consolidated
4,745,336
4,681,041
1.4
  
%
  
47,422,178
47,550,617
-0.3
  
%
CARGO REVENUE TON MILES (000)
                    
 
Total
91,319
84,370
8.2
  
%
  
822,955
664,768
23.8
  
%
                         

Preliminary Operational and Financial Results
         
Change
August 2010 year-over-year consolidated RASM change
  
             19.1
 Percent
August 2010 year-over-year mainline RASM change
  
             19.3
 Percent
September 2010 estimated year-over-year consolidated RASM change
 19.0 - 20.0
 Percent
September 2010 estimated year-over-year mainline RASM change
 21.0 - 22.0
 Percent
September 2010 estimated average price per gallon of fuel, including fuel taxes
2.22
 Dollars
Third Quarter 2010 estimated average price per gallon of fuel, including fuel taxes
2.21
 Dollars
             
September
2010
2009
Change
On-Time Performance 1
86.9%
88.4%
             (1.5)
 Points
Completion Factor 2
99.7%
99.8%
             (0.1)
 Points
             
1 Department of Transportation Arrivals within 14 minutes
      
2 Mainline Segment Completion Percentage
      
             
     
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