United Airlines anticipates that capacity will be down by up to 3% during the fourth quarter compared to 2011.
John Rainey, chief financial officer of the Chicago-based Star alliance carrier, says that capacity will decrease by 2% to 3% during the quarter compared to a year earlier, at the 2012 Dahlman Rose Global Transportation Conference in New York today. The airline's previous guidance anticipated a 1% to 2% decrease.
Full year capacity will decrease by between 0.75% and 1.75% versus 2011, he says. Previous guidance anticipated a 0.5% to 1.5% decline.
Rainey did not detail where the cuts would occur but says that United is still just beginning to optimise the size of aircraft on routes from its 10 hubs.