UAL suffers shrinking cargo, passenger volumes in December 2012

UNITED Continental Holdings (UAL) in December 2012 saw its consolidated cargo revenue ton miles fall 10.9 per cent year on year to 199.5 million ton miles.

Year-to-date, cargo revenue ton miles was down seven per cent to 2.46 billion ton miles.

December's consolidated traffic calculated by revenue passenger miles dropped by four per cent and capacity in available seat miles decreased 5.4 per cent compared to the same month a year earlier.

A statement said the consolidated passenger load factor in December increased by 1.2 points compared to December 2011.

Last month's consolidated passenger revenue per available seat mile (PRASM) rose by an estimated 2.5-3.5 per cent year on year. Core passenger revenue growth showed sequential strength from November 2012 to December 2012, but was partially offset by year-end revenue adjustments, the airline said.