United Airlines (UAL) reported July 2016 operational results

August 19, 2016 - UAL's July 2016 consolidated traffic (revenue passenger miles) increased 1.2 percent and consolidated capacity (available seat miles) increased 0.7 percent versus July 2015. UAL's July 2016 consolidated load factor increased 0.5 points compared to July 2015. The company continues to expect third-quarter 2016 consolidated passenger unit revenue to decline 5.5 to 7.5 percent compared to the third quarter of 2015.

The year-over-year performance is primarily impacted by demand growth not keeping pace with capacity growth, declining close-in yields, lower surcharges, competitive actions and travel reductions in the energy sector. United Airlines and United Express operate more than 4,500 flights a day to 339 airports across five continents. In 2015, United and United Express operated more than 1.5 million flights carrying more than 140 million customers.

United is proud to have the world's most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. United operates more than 720 mainline aircraft, and this year, the airline anticipates taking delivery of 21 new Boeing aircraft, including 737 NGs, 787s and 777s. The airline is a founding member of Star Alliance, which provides service to 192 countries via 28 member airlines. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of United's parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.