United Continental : Current report filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 9, 2019

UNITED CONTINENTAL HOLDINGS, INC.

UNITED AIRLINES, INC .

(Exact name of registrant as specified in its charter)

(State or other jurisdiction of incorporation)

36-2675207
74-2099724
(IRS Employer
Identification Number)
233 S. Wacker Drive, Chicago, IL	60606
233 S. Wacker Drive, Chicago, IL	60606
(Address of principal executive offices)	(Zip Code)

Delaware 001-10323

Delaware 001-06033

(Commission File Number)

[phone] [phone]

Registrant's telephone number, including area code

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

• ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

• ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

• ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

• ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01

Regulation FD Disclosure.

On January 9, 2019, United Airlines, Inc., a wholly owned subsidiary of United Continental Holdings, Inc., issued a press release reporting its December 2018 operational results. The press release is attached as Exhibit 99.1 and is incorporated herein by reference.

The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01	Financial Statements and Exhibits.
Exhibit No.	Description
99.1	Press Release issued by United Airlines, Inc. dated January 9, 2019.

SIGNATURES

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNITED CONTINENTAL HOLDINGS, INC. UNITED AIRLINES, INC.

By:	/s/ Chris Kenny
Name:	Chris Kenny
Title:	Vice President and Controller

Date: January 9, 2019

Exhibit 99.1

News Release

United Airlines

Worldwide Media Relations [e-mail]

United Reports December 2018

Operational Performance

CHICAGO, Jan. 9, 2019 - United Airlines (UAL) today reported December 2018 operational results.

UAL's December 2018 consolidated traffic (revenue passenger miles) increased 6.9 percent and consolidated capacity

(available seat miles) increased 6.4 percent versus December 2017 . UAL's December 2018 consolidated load factor increased 0.4 points compared to December 2017 .

December Highlights

• • Announced UAL's largest ever international network expansion from San Francisco International Airport by offering nonstop year-round service to Toronto and Melbourne, Australia, seasonal service to New Delhi and a second daily flight between San Francisco and Seoul, South Korea - all subject to government approvals. In addition to the new routes, UAL will begin new year-round nonstop service between San Francisco and each of Auckland, New Zealand, Tahiti, French Polynesia and Amsterdam.

• • Announced the addition of 11 new routes from UAL's hubs in Chicago, Houston, Los Angeles and Washington, D.C. The company's new summer service, beginning in June 2019, will connect customers to popular summer vacation destinations in California, Colorado, Florida, Oregon, Michigan and Nova Scotia.

• • MileagePlus loyalty program was voted Best Overall Frequent-Flyer Program in the world for the 15 th consecutive year by readers of Global Traveler and was awarded the 2018 Frequent Traveler Titan Award for the Americas.

About United

United Airlines and United Express operate approximately 4,800 flights a day to 353 airports across five continents. In

2018, United and United Express operated more than 1.7 million flights carrying more than 158 million customers. United is proud to have the world's most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, Newark/New York, San Francisco and Washington, D.C. United operates 770 mainline aircraft and the airline's United Express carriers operate 559 regional aircraft. The airline is a founding member of Star Alliance, which provides service to 193 countries via 28 member airlines. For more information, visit united.com, follow @United on Twitter or connect on Facebook.

The common stock of United's parent, United Continental Holdings, Inc., is traded on the Nasdaq under the symbol "UAL".

United Reports December 2018 Operational Performance / Page 2

December

Preliminary Operational Results

Year-to-Date
2018	2017	Change	2018	2017	Change
REVENUE PASSENGER MILES (000)
Domestic	11,058,944	10,479,105	5.5%	132,954,893	124,267,502	7.0%
Mainline	8,982,444	8,578,667	4.7%	108,634,884	102,312,669	6.2%
Regional	2,076,500	1,900,438	9.3%	24,320,009	21,954,833	10.8%
International	8,270,205	7,596,002	8.9%	97,199,892	91,992,999	5.7%
Atlantic	2,986,741	2,645,206	12.9%	40,610,724	36,220,795	12.1%
Pacific	3,108,677	2,880,088	7.9%	34,414,147	33,890,639	1.5%
Latin	2,174,787	2,070,708	5.0%	22,175,021	21,881,565	1.3%
Mainline	2,085,568	1,987,076	5.0%	21,255,941	21,019,723	1.1%
Regional	89,219	83,632	6.7%	919,080	861,842	6.6%
Consolidated	19,329,149	18,075,107	6.9%	230,154,785	216,260,501	6.4%
AVAILABLE SEAT MILES (000)
Domestic	13,295,896	12,476,108	6.6%	155,637,292	145,848,600	6.7%
Mainline	10,757,911	10,173,407	5.7%	126,385,402	119,208,926	6.0%
Regional	2,537,985	2,302,701	10.2%	29,251,890	26,639,674	9.8%
International	10,076,215	9,486,777	6.2%	119,624,405	116,537,327	2.6%
Atlantic	3,671,224	3,343,547	9.8%	49,721,287	47,297,821	5.1%
Pacific	3,835,983	3,660,168	4.8%	43,406,455	42,831,318	1.3%
Latin	2,569,008	2,483,062	3.5%	26,496,663	26,408,188	0.3%
Mainline	2,457,018	2,376,570	3.4%	25,279,532	25,238,343	0.2%
Regional	111,990	106,492	5.2%	1,217,131	1,169,845	4.0%
Consolidated	23,372,111	21,962,885	6.4%	275,261,697	262,385,927	4.9%
PASSENGER LOAD FACTOR
Domestic	83.2%	84.0%	(0.8) pts	85.4%	85.2%	0.2 pts
Mainline	83.5%	84.3%	(0.8) pts	86.0%	85.8%	0.2 pts
Regional	81.8%	82.5%	(0.7) pts	83.1%	82.4%	0.7 pts
International	82.1%	80.1%	2.0 pts	81.3%	78.9%	2.4 pts
Atlantic	81.4%	79.1%	2.3 pts	81.7%	76.6%	5.1 pts
Pacific	81.0%	78.7%	2.3 pts	79.3%	79.1%	0.2 pts
Latin	84.7%	83.4%	1.3 pts	83.7%	82.9%	0.8 pts
Mainline	84.9%	83.6%	1.3 pts	84.1%	83.3%	0.8 pts
Regional	79.7%	78.5%	1.2 pts	75.5%	73.7%	1.8 pts
Consolidated	82.7%	82.3%	0.4 pts	83.6%	82.4%	1.2 pts
ONBOARD PASSENGERS (000)
Mainline	9,448	9,006	4.9%	113,885	108,017	5.4%
Regional	3,744	3,436	9.0%	44,445	40,050	11.0%
Consolidated	13,192	12,442	6.0%	158,330	148,067	6.9%
CARGO REVENUE TON MILES (000)
Total	302,575	301,330	0.4%	3,424,625	3,315,902	3.3%
OPERATIONAL PERFORMANCE
Mainline Departure Performance 1	67.5%	69.1%
Mainline Completion Factor	99.8%	99.8%

(1.6) pts0.0 pts

1 Based on mainline scheduled flights departing by or before scheduled departure time

Note: See Part II, Item 6, Selected Financial Data, of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 for the definitions of these statistics