United’s traffic growth is slightly behind its capacity growth

In August, United Continental’s traffic grew 1.2% YoY, slightly lower than its capacity growth in the same period. YTD, United’s traffic had grown 3.3% YoY, again slightly lower than its capacity growth. As can be expected, traffic growth was driven mainly by domestic market traffic growth thanks to capacity growth in the region. In August, United’s domestic traffic grew 4.0% YoY. YTD, the domestic region had witnessed 5.1% YoY traffic growth. international traffic grew by just 0.2% YoY in August, contributed to by Atlantic growth. Latin America’s traffic fell 2.8% YoY, and Pacific traffic fell 1.1% YoY, despite growth in capacity. Atlantic market traffic, on the other hand, grew 2.5% YoY, despite lower capacity.<br/>