United Reports November 2012 Operational Performance

             United Reports November 2012 Operational Performance

PR Newswire

CHICAGO, Dec. 10, 2012

CHICAGO, Dec. 10, 2012 /PRNewswire/ --United Continental Holdings, Inc.
(NYSE: UAL) today reported November 2012 combined operational results for its
airline units.

UAL's consolidated traffic (revenue passenger miles) in November 2012
decreased 2.3 percent and consolidated capacity (available seat miles)
decreased 2.6 percent versus November 2011. UAL's consolidated load factor in
November 2012 increased 0.3 points compared to November 2011.

UAL's November 2012 consolidated passenger revenue per available seat mile
(PRASM) decreased an estimated 1.0 to 2.0 percent compared to November 2011.

Superstorm Sandy reduced revenue by approximately $50 million and reduced
consolidated PRASM by approximately 2 points year-over-year in November, which
is included in the PRASM estimate above.

About United

United Airlines and United Express operate an average of 5,557 flights a day
to 378 airports on six continents from the airline's hubs in Chicago,
Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco,
Tokyo and Washington, D.C. In 2011, United carried more traffic than any other
airline in the world, and operated more than two million flights carrying 142
million passengers. United is upgrading its cabins with more flat-bed seats in
first and business class and more extra-legroom economy-class seating than any
other airline in North America. United now has 180 airplanes featuring
DIRECTV®, offering customers more live television access than any other
airline in the world. United operates nearly 700 mainline aircraft and has
orders for more than 270 new aircraft deliveries through 2022. In 2012, United
was the first North American airline to take delivery of new Boeing 787
Dreamliner aircraft. United was rated the world's most admired airline on
FORTUNE magazine's 2012 airline-industry list of the World's Most Admired
Companies. Readers of Global Traveler magazine have voted United's MileagePlus
program the best frequent flyer program for eight consecutive years. United is
a founding member of Star Alliance, which provides service to 193 countries
via 27 member airlines. More than 85,000 United employees reside in every U.S.
state and in countries around the world. For more information, visit
united.com or follow United on Twitter and Facebook. The common stock of
United's parent, United Continental Holdings, Inc., is traded on the NYSE
under the symbol UAL.

Preliminary Operational Results

                 November                      Year-to-Date
                 2012       2011       Change   2012        2011        Change
   Domestic      7,007,817  7,238,625  (3.2%)   85,359,849  87,317,293  (2.2%)
   International 6,149,948  6,306,534  (2.5%)   79,922,142  79,711,493  0.3%
   Atlantic      2,511,341  2,704,953  (7.2%)   35,059,258  36,390,111  (3.7%)
   Pacific       2,439,537  2,448,408  (0.4%)   29,759,698  28,734,165  3.6%
   Latin         1,199,070  1,153,173  4.0%     15,103,186  14,587,217  3.5%
   Mainline      13,157,765 13,545,159 (2.9%)   165,281,991 167,028,786 (1.0%)
   Regional      2,044,959  2,017,593  1.4%     23,996,964  23,619,783  1.6%
   Consolidated  15,202,724 15,562,752 (2.3%)   189,278,955 190,648,569 (0.7%)
MILES (000)
   Domestic      8,374,572  8,577,653  (2.4%)   100,358,147 102,422,962 (2.0%)
   International 7,746,229  8,019,554  (3.4%)   98,887,420  98,994,955  (0.1%)
   Atlantic      3,307,358  3,498,742  (5.5%)   43,994,516  45,491,362  (3.3%)
   Pacific       2,980,218  3,061,718  (2.7%)   36,163,580  35,047,304  3.2%
   Latin         1,458,653  1,459,094  0.0%     18,729,324  18,456,289  1.5%
   Mainline      16,120,801 16,597,207 (2.9%)   199,245,567 201,417,917 (1.1%)
   Regional      2,535,825  2,560,015  (0.9%)   29,949,597  30,313,890  (1.2%)
   Consolidated  18,656,626 19,157,222 (2.6%)   229,195,164 231,731,807 (1.1%)
   Domestic      83.7%      84.4%      (0.7)    85.1%       85.3%       (0.2)
                                       pts                              pts
   International 79.4%      78.6%      0.8 pts  80.8%       80.5%       0.3
   Atlantic      75.9%      77.3%      (1.4)    79.7%       80.0%       (0.3)
                                       pts                              pts
   Pacific       81.9%      80.0%      1.9 pts  82.3%       82.0%       0.3
   Latin         82.2%      79.0%      3.2 pts  80.6%       79.0%       1.6
   Mainline      81.6%      81.6%      0.0 pts  83.0%       82.9%       0.1
   Regional      80.6%      78.8%      1.8 pts  80.1%       77.9%       2.2
   Consolidated  81.5%      81.2%      0.3 pts  82.6%       82.3%       0.3
   Mainline      7,035      7,341      (4.2%)   86,264      88,580      (2.6%)
   Regional      3,732      3,596      3.8%     43,100      41,661      3.5%
   Consolidated  10,767     10,937     (1.6%)   129,364     130,241     (0.7%)
   Total         197,018    208,036    (5.3%)   2,260,972   2,421,708   (6.6%)

Preliminary Financial Results
October 2012 year-over-year consolidated PRASM change    0.8           %
October 2012 year-over-year mainline PRASM change        (0.4)         %
November 2012 estimated year-over-year consolidated      (1.0) - (2.0) %
PRASM change
November 2012 estimated year-over-year mainline PRASM    (1.5) -      %
change                                                   (2.5)
November 2012 estimated consolidated average price per   3.21          Dollars
gallon of fuel, including fuel taxes
Fourth Quarter 2012 estimated consolidated average price 3.30          Dollars
per gallon of fuel, including fuel taxes

Preliminary Operational Results
                               2012  2011^3 Change
November On-Time Performance^1 85.5% 82.6%  2.9   pts
November Completion Factor^2   98.6% 99.6%  (1.0) pts

^1 Based on domestic mainline scheduled flights arriving within 14 minutes of
scheduled arrival time, according to data published in the DOT Air Travel
Consumer Report.
^2 Mainline completion percentage.
^3In order to provide a meaningful year-over-year comparison, 2011
operational results are combined on a weighted departure basis for the
Company's two operating subsidiaries, United and Continental. On a standalone
basis, United's November 2011 on-time performance and completion factor was
82.9% and 99.3%, respectively, and Continental's November 2011 on-time
performance and completion factor was 82.2% and 99.7%, respectively.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Certain statements included in this release are forward-looking and thus
reflect our current expectations and beliefs with respect to certain current
and future events and financial performance. Such forward-looking statements
are and will be subject to many risks and uncertainties relating to our
operations and business environment that may cause actual results to differ
materially from any future results expressed or implied in such
forward-looking statements. Words such as "expects," "will," "plans,"
"anticipates," "indicates," "believes," "forecast," "guidance," "outlook" and
similar expressions are intended to identify forward-looking statements.
Additionally, forward-looking statements include statements which do not
relate solely to historical facts, such as statements which identify
uncertainties or trends, discuss the possible future effects of current known
trends or uncertainties, or which indicate that the future effects of known
trends or uncertainties cannot be predicted, guaranteed or assured. All
forward-looking statements in this release are based upon information
available to us on the date of this release. We undertake no obligation to
publicly update or revise any forward-looking statement, whether as a result
of new information, future events, changed circumstances or otherwise, except
as required by applicable law. Our actual results could differ materially from
these forward-looking statements due to numerous factors including, without
limitation, the following: our ability to comply with the terms of our various
financing arrangements; the costs and availability of financing; our ability
to maintain adequate liquidity; our ability to execute our operational plans;
our ability to control our costs, including realizing benefits from our
resource optimization efforts, cost reduction initiatives and fleet
replacement programs; our ability to utilize our net operating losses; our
ability to attract and retain customers; demand for transportation in the
markets in which we operate; an outbreak of a disease that affects travel
demand or travel behavior; demand for travel and the impact that global
economic conditions have on customer travel patterns; excessive taxation and
the inability to offset future taxable income; general economic conditions
(including interest rates, foreign currency exchange rates, investment or
credit market conditions, crude oil prices, costs of aviation fuel and energy
refining capacity in relevant markets); our ability to cost-effectively hedge
against increases in the price of aviation fuel; any potential realized or
unrealized gains or losses related to fuel or currency hedging programs; the
effects of any hostilities, act of war or terrorist attack; the ability of
other air carriers with whom we have alliances or partnerships to provide the
services contemplated by the respective arrangements with such carriers; the
costs and availability of aviation and other insurance; the costs associated
with security measures and practices; industry consolidation or changes in
airline alliances; competitive pressures on pricing and on demand; our
capacity decisions and the capacity decisions of our competitors; U.S. or
foreign governmental legislation, regulation and other actions (including open
skies agreements and environmental regulations); labor costs; our ability to
maintain satisfactory labor relations and the results of the collective
bargaining agreement process with our union groups; any disruptions to
operations due to any potential actions by our labor groups; weather
conditions; the possibility that expected merger synergies will not be
realized or will not be realized within the expected time period; and other
risks and uncertainties set forth under Item 1A., Risk Factors of our Annual
Report on Form 10-K, as well as other risks and uncertainties set forth from
time to time in the reports we file with the SEC. Consequently,
forward-looking statements should not be regarded as representations or
warranties by us that such matters will be realized.

SOURCE United Continental Holdings, Inc.

Website: http://www.united.com
Contact: United Continental Holdings, Inc., Worldwide Media Relations,
+1-312-997-8640, media.relations@united.com
Press spacebar to pause and continue. Press esc to stop.