United PRASM down up to 2% in November

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Washington DC
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United Airlines reports that passenger revenue per available seat mile (PRASM) declined by 1% to 2% during November compared to a year earlier.

The Chicago-based carrier attributes the decline to a $50 million reduction in revenue and a two-percentage point reduction in PRASM as a result of superstorm Sandy, which hit the New Jersey coast on 29 October.

Consolidated traffic fell 2.3% and capacity 2.6% during November, which resulted in a 0.3 percentage point increase in load factor to 81.5%.

Domestic traffic was down 3.2% and capacity 2.4%, resulting in a 0.7 percentage point decline in load factor to 83.7%.

International traffic fell 2.5% and capacity 3.4%, which resulted in a 0.8 percentage point increase in load factor to 79.4%.