United Airlines parent UAL Corp. said consolidated passenger RASM in the second quarter is estimated to fall 17.9%-18.9% year-over-year to 10.05-10.17 cents, with mainline PRASM dropping 20.1%-21.1% to 9.14-9.25 cents. Operating consolidated unit cost excluding profit sharing and noncash net mark-to-market impacts is expected to fall 19.6%-19.9% to 11.44-11.48 cents, the company said in a filing with the US Securities and Exchange Commission. Consolidated ASMs will be down 9% year-over-year ...

Subscribe to Access this Entire Article

"United expects second-quarter RASM to fall 18%, $95 million hedging loss" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.