United announces second-quarter 2013 profit

For the second quarter, total revenue was $10.0bn, an increase of 0.6% compared to the same period in 2012. Second-quarter consolidated passenger revenue decreased 1.1% year-over-year to $8.7bn, on a consolidated capacity decrease of 2.1% year-over-year. Cargo and other revenue in the second quarter increased 13.8% versus the second quarter of 2012, or $162m, to $1.3bn. Consolidated revenue passenger miles (RPMs) decreased 1.7% on a consolidated capacity decrease of 2.1% year-over-year in the second quarter, resulting in a consolidated load factor of 84.7%, the highest second-quarter consolidated load factor in United’s history.

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