- United Continental (NASDAQ:UAL) reports lower revenue in the Atlantic (-3.2%), Pacific (-8.6%), and Latin America (-12.6%) businesses as a strong U.S. dollar and some weak booking trends in certain markets took a toll.
- Overall passenger revenue per available seat mile fell 6% to $0.1148 in Q4, a mark that's lower than some of UAL's peers.
- Average fuel costs were down 42% during the quarter (-36% if hedges are included).
- United CEO Oscar Munoz is expected to take part in the earnings call (webcast) at 10:30 a.m. EST in a positive step following his heart transplant surgery.
- Previously: United Continental misses by $0.04, misses on revenue (Jan. 21 2016)
- UAL -0.33% premarket to $44.97.
Strong U.S. dollar nips at United Continental's bottom line
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Symbol | Last Price | % Chg |
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UAL | - | - |
United Airlines Holdings, Inc. |