- United Continental (NASDAQ:UAL) reports revenue passenger miles fell 1.6% in September to 17.236B. Domestics RPMs were down 1.9% Y/Y due in part to the major hurricanes during the month.
- Capacity was up 1.7% to 21.415B available seat miles. Domestic ASMs increased 1.2%.
- September load factor -270 bps to 80.5%. YTD load factor -50 bps to 82.6%.
- United says it has provided cargo capacity and flights to deliver over 1.5M pounds of relief supplies to people in need in Texas, Florida, Puerto Rico and the Caribbean.
- United guides for Q3 unit revenue growth of -3.5% to -4.0% vs. -3% to -5% prior view.
- UAL +3.91% premarket to $67.23.