Tag Archives: N60659

United Airlines announces its first quarter results

United's first Boeing 737-9 MAX 9 in Dreamliner livery

United Airlines has announced its first quarter 2018 financial results.

  • UAL reported first quarter net income of $147 million, diluted earnings per share of $0.52, pre-tax earnings of $184 million and pre-tax margin of 2.0 percent.
  • Excluding special charges and mark-to-market adjustments, UAL reported first-quarter net income of $143 million, diluted earnings per share of $0.50, pre-tax earnings of $179 million and pre-tax margin of 2.0 percent.
  • UAL has repurchased $747 million of its common shares year-to-date through April 16, 2018, representing approximately 4 percent of its shares outstanding as of year-end 2017.
  • Consolidated passenger revenue per available seat mile (PRASM) increased 2.7 percent year-over-year.
  • Consolidated total revenue per available seat mile (TRASM) increased 3.4 percent year-over-year.
  • Consolidated unit cost per available seat mile (CASM) increased 4.3 percent year-over-year.
  • First quarter consolidated CASM, excluding special charges, third-party business expenses, fuel and profit sharing, increased 0.6 percent year-over-year.
  • UAL now expects full-year 2018 diluted earnings per share, excluding special charges and mark-to-market adjustments, to be $7.00 to $8.501.

“The exceptional operational performance United’s employees delivered over the past quarter is impressive.  Even more so when we consider United achieved the best departure performance among our largest competitors despite four nor’easters and other weather disruptions.” said Oscar Munoz, chief executive officer of United Airlines. “With our first-quarter financial results and our increased confidence in the outlook for the remainder of the year, we are tightening our adjusted EPS guidance range for the full year to $7.00 to $8.50. We continue to execute our strategy to strengthen and grow our domestic network, drive asset efficiency and productivity, while also continuing our focus on our customers.”

First-Quarter Highlights

Operations and Employees

  • Ranked first among our largest competitors in on-time departures and second among the same group in fewest cancelled flights.
  • Introduced and began training our team on United’s new customer service decision framework, the core4, which focuses on the principles of being safe, caring, dependable and efficient.
  • Ranked number one among global carriers in Newsweek’s 2017 Global 500 Green Rankings, one of the most recognized environmental performance assessments of the world’s largest publicly traded companies.
  • Announced new global partnership with the Special Olympics.
  • Flew hundreds of Team USA Olympic and Paralympic Winter Games 2018 athletes – along with coaches and family members – to PyeongChang, South Korea, continuing the 38-year relationship between United and the United States Olympic Committee.

Customer Experience

  • Announced United Premium Plus that will provide more space, comfort and amenities on select international flights starting later this year.
  • Expanded menu selections for our Snack Shop and Bistro on Board and launched a new menu for customers flying from Canada to the U.S.
  • Announced that consumers can now earn and use United MileagePlus award miles at participating BP retail stations.
  • Eliminated charges for customers’ second checked bag on all routes from North America to China and Hong Kong.

Network and Fleet

  • Launched two new international routes from Houston to Sydney and Denver to London.
  • Announced new service between six domestic hubs and eight destinations in California, Ohio, North Dakota, South Dakota, Virginia and Wisconsin.
  • As part of our joint venture relationship, Air New Zealand announced new nonstop service between Aucklandand Chicago beginning this fall.
  • Announced year-round service between San Francisco and Auckland beginning April 2019.
  • Awarded tentative authority by the U.S. Department of Transportation to begin offering daily nonstop service between Houston and Havana, Cuba.
  • Took delivery of six new aircraft: four Boeing 787-9s and two Boeing 777-300ERs.
  • Announced newest aircraft type, the Boeing 737 MAX 9, to be introduced in domestic flight schedules starting in June.
  • Entered into an agreement to purchase 20 used Airbus A319 aircraft with expected delivery dates scheduled in 2020 and 2021.

Copyright Photo: The first Boeing 737-9 MAX 9 is being prepared for the handover. United Airlines Boeing 737-9 MAX 9 N60659 (N67501) (msn 43430) BFI (Joe G. Walker). Image: 941611.

United Airlines aircraft slide show (Boeing):

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United’s new Boeing 737-9 MAX 9s to adopt the updated “wavy” 2012 787 livery

First flight for the first United Boeing 737-9 MAX 9

Boeing has now finished the painting of the first new Boeing 737-9 MAX 9 (N67591, msn 43430, line number 6834, fleet number 7501) (above) for United Airlines.

Above Copyright Photo: United Airlines Boeing 737-9 MAX 9 N60659 (N67501) (msn 43439) BFI (Joe G. Walker). Image: 941210.

United has now decided the new type will adopt the updated “wavy gold cheatline” livery introduced in 2012 on the new Boeing 787 Dreamliners.

Aviation writer Edward Russell has introduced a peek of N67501 on social media:

Previously United Airlines announced it has added the Boeing 737 MAX 9 to its domestic flight schedules. The MAX 9 features Boeing’s Advanced Technology winglets and fuel efficient engines providing a quieter ride and the ability to fly farther on less fuel.

United expects to begin operating MAX 9 aircraft on June 7, between its hub at Houston’s George Bush Intercontinental Airport and five cities. Beginning June 29, United expects to add additional MAX 9 flights from its Houston and Los Angeles hubs including service between Los Angeles and Honolulu.

Scheduled Boeing 737 MAX 9 service

Date

United Hub

Destination

Depart

Arrive

June 7

Houston (IAH)

Anchorage (ANC)

2:40 p.m.

6:58 p.m.

June 7

Houston (IAH)

Austin (AUS)

10:25 a.m.

11:15 a.m.

June 7

Houston (IAH)

Ft. Lauderdale (FLL)

2:20 p.m.

5:52 p.m.

June 7

Houston (IAH)

Orlando (MCO)

7:35 a.m.

10:38 p.m.

June 7

Houston (IAH)

Orlando (MCO)

2:50 p.m.

6:19 p.m.

June 7

Houston (IAH)

San Diego (SAN)

9:50 p.m.

10:52 p.m.

June 29

Los Angeles (LAX)

Honolulu (HNL)

11:05 a.m.

2:00 p.m.

June 29

Los Angeles (LAX)

Houston (IAH)

8:15 a.m.

1:37 p.m.

June 29

Los Angeles (LAX)

Houston (IAH)

1:00 a.m.

6:14 a.m.

June 29

Houston (IAH)

Los Angeles (LAX)

7:45 a.m.

9:23 a.m.

June 29

Houston (IAH)

Los Angeles (LAX)

9:35 p.m.

10:59 p.m.

 June 29

Houston (IAH)

Sacramento (SMF)

9:50 p.m.

11:27 p.m.

June 29

Houston (IAH)

Tampa (TPA)

2:50 p.m.

6:02 p.m.

June 29

Houston (IAH)

Tampa (TPA)

7:50 a.m.

10:59 a.m.

The Boeing 737 MAX 9 features 179 seats including 20 United First seats in a 2-2 configuration, 48 in Economy Plus in a 3-3 configuration with 34 inches of pitch, and 111 United Economy seats in a 3-3 configuration with at least 30 inches of pitch. Customers also have access to in-seat power outlets and the opportunity to purchase satellite Wi-Fi. United Private Screening personal device entertainment will be available throughout the aircraft and enables customers to play thousands of hours of movies and television programs on their electronic devices.

United’s new, extra-spacious United First seat features contoured, two-tone leather, a six-way adjustable headrest and a padded articulating seat cushion. The seat is equipped with storage spaces for personal items, including an in-arm tablet/laptop slot, a personal water bottle console and double seatback pockets. The seat also features a new tray table design with a flip-up mobile device holder that fits more than 200 phone and tablet models, and a universal AC power plug to charge devices on the fly. A granite-topped extendable cocktail table in the center console adds an extra bit of elegance, keeping the tray table free for eating, working or staying entertained.

The first United Airlines MAX 9 makes its first flight

First flight for the first United Boeing 737-9 MAX 9

On Sunday, March 11, the first Boeing 737-9 MAX 9 for United Airlines completed its first flight from Renton to Boeing Field via Moses Lake.
The first MAX 9 will become N67501 (msn 43430, ln 6834).
When photographed, the airliner was unpainted (except the rudder and winglets) and had a test registration of N67501. The aircraft also had small “Experimental” stickers by the entry doors.
This will be the first 737-9 MAX 9 for a North American operator.
Copyright Photo: United Airlines Boeing 737-9 MAX 9 N60659 (N67501) (msn 43439) BFI (Joe G. Walker). Image: 941210.
United Airlines aircraft slide show (Boeing, current livery):