Originally Posted by
FWAAA
April's consolidated PRASM increase (compared to the same month in 2011) was 4.5%, the May results were (0.8%) (yes, negative), and the increase for June was estimated at between 5.0% and 6.0%. Overall, for the quarter, the results were abysmal compared to DL (or AA).
Someone recently posted that UA had such impressive results in 2Q2011 that it would be very difficult to increase unit revenue much beyond the 2011 numbers - the law of large numbers.
Actually in May United consolidated was +.8%, but MAINLINE was (.4)% This compares to DL/UA/SW at +6% and AA at +7.3%
June's numbers for UA are consolidated +5-6%, mainline +4-5%. However, there is an adjustment for some business interuption claim of +1% (see UA press release), not sure if that fixes it, or if the comp is still off at June 2011 was the aftermath of the Japan Tsunami. I am assuming that one needs to take off 1% to adjust for the actual performance.
For comparison, DL/US/SW were at +6% and American was at +8.6%.
So, UA actually did better this month than the last two months, but still fell further behind all of the competition.
But as others have said, the Q2 financials will be interesting, as will Q3, and then Q4 when the summer rush is over.
and p.s. Not sure why all the speculation, all of the major carriers traffic reports were out as of last light, only Jet Blue has not released yet.