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United Continental (UAL) issues updated Q4 guidance, estimating a 4.2% Y/Y drop in Q4 capacity,...

United Continental (UAL) issues updated Q4 guidance, estimating a 4.2% Y/Y drop in Q4 capacity, with more than a third of the decline resulting from Superstorm Sandy. Projects Q4 passenger revenue per available seat mile to rise 0.5%-1.5%. Provides booked load factors for the next six weeks, which show improving demand trends for January. UAL +0.4% premarket.
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