Rochester, NY 2/10/2010 1:54:07 AM
News / Business

UAUA United Airlines Flying High Up 15.5 Percent

UAUA United Airlines took off for the wild blue with the company reporting operational performance improved and Rohit Philip in the newly created role of senior VP.

On this news UAL lit afterburners climbing 15.5% to $15.10.

Monday was the day the company reported traffic results for January showing RPMs (Revenue Passenger Miles) increasing by 2.4%, this on a decrease of 2% in ASMs (Available Seat Miles), as compared to same time year ago, percentage increase 3.4 points.

January 2010 PRASM (Passenger Revenue Per Available Seat Mile) showed (estimated) increase of 9.5% to 11.5% over the year.

This news, coupled with the announcement of Rohit Philip appointed (newly created role) as senior VP of corporate strategy and business development and John Gebo VP of financial planning and analysis, took its part in the stock stratospheric rise Tuesday.

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