In its presentation at the Credit Suisse Global Credit Products Conference, United Continental...
Friday, October 5, 2012, 12:28 PM ETIn its presentation at the Credit Suisse Global Credit Products Conference, United Continental (UAL +1.4%) says it sees its end 2012 available seat miles to be down 0.75% - 1.75% compared to the prior year, and it expects to cut capacity by 1% in 2013 in what would be its third consecutive year of shrinkage. Airlines have been scaling back on flying unprofitable routes lately in an effort to boost their pricing power. (Presentation Slides)
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