United +6.1% after reporting June results


Revenue passenger miles were flat Y/Y, while available seat miles increased 0.8%. The airline's consolidated load factor fell 0.6 points to 87.1%.

The performance looks to lag industry averages for June, but is ahead of UAL's previous expectation, and shares are up 6.1% in after-hours trade.

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Comments (3)
  • markcc
    , contributor
    Comments (2719) | Send Message
     
    This is the first "good" news about UAL in a long time. The next step is to determine changes to PRASM that go into quarterly earnings. Since UAL does not provide PRASM guidance, it take a lot of research to look into relative changes to PRASM year-over-year. My reviews of United's ticket pricing tell me that with an 87% load factor, that PRASM will be good. United has not had to discount to fill seats. YOY fare increases that I follow are very strong.
    9 Jul 2014, 08:19 PM Reply Like
  • jsIRA
    , contributor
    Comments (4102) | Send Message
     
    I am lucky to have bought it at 38.34 yesterday.
    9 Jul 2014, 09:05 PM Reply Like
  • raykrv6a
    , contributor
    Comments (3544) | Send Message
     
    I can't believe that UAL isn't discussed more. By the end of the day, I had written 15 contracts on UAL. Laddered them out. UAL has been a good option play this year. 19 trades so far.
    11 Jul 2014, 01:44 AM Reply Like
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