United Airlines predicts key revenue metric to be up 16-17 percent in 1st-qtr
By APWednesday, March 17, 2010
United Airlines sees higher 1Q passenger revenue
NEW YORK — United Airlines is expecting its a key revenue metric to be 16 to 17 percent higher in the first quarter than a year earlier.
The Chicago-based airline said Wednesday in a regulatory filing it expects consolidated passenger unit revenue between $11.44 and $11.59. The key metric gauges how much money the airline makes for every mile it flies a paying passenger.
The airline is forecasting capacity, or the number of available seats, to be down 3.4 percent in the first-quarter.
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