Soft demand continues at United in May

Washington DC
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United Airlines estimates that its passenger revenue per available seat mile (PRASM) was flat to down 1% in May compared to a year earlier, showing the same demand weakness that hit other mainline carriers during the month.

Consolidated traffic fell 0.8% and capacity fell 1.7% during May, which resulted in a 0.8 percentage point increase in load factor to 84.4%.

Domestic traffic and capacity were down 2.5% and 2.8%, respectively, resulting in 0.3 percentage point growth in load factor to 86.5%.

International traffic fell 0.4% and capacity fell 1.8%, which resulted in a 1.2 percentage point increase in load factor to 82.7%.