Boston, MA 06\/17\/2014 (wallstreetpr) \u2013 United Airlines announced that the carrier will introduce its service to Santiago, Chile from Houston. The United Continental Holdings Inc (NYSE:UAL)<\/b> expects to start the service from December 7, 2014, but, it subjects to the government approval.<\/p>\n
The expansion is mainly to avail the services and provide direct connectivity to the passengers between Houston and Santiago and also offer access directly to most of the cities within the U.S. and connect it to more than 60 international locations.<\/p>\n
United Continental Holdings Inc (NYSE:UAL) will operate Boeing 767-300 aircrafts in this route that have a capacity of 214 seats. It includes 30 flat-bed seats in United Business First, 49 seats in extra-legroom in United Economy Plus and 135 seats in United Economy segment.<\/p>\n
Expansion In Latin America And Caribbean Region<\/b><\/p>\n
United currently operates with more than 700 flights that connect from its hubs in the U.S. to 62 cities across 28 countries in Latin America and the Caribbean region. The addition of this route will further expand its presence in Latin America region.<\/p>\n
United Continental Holdings Inc (NYSE:UAL) also introduces the additional services in Central America and Caribbean route that will begin by December 20, 2014. Also, it will increase the frequency to twice in a week in Houston-Punta Cana and Houston-Aruba service with expected increase in demand. Moreover, United will initiate the services in the Chicago-Belize City, Belize route by May 2015.<\/p>\n
Operating Performance In Latin Route<\/b><\/p>\n
The Airline already experiences increase in traffic in the Latin America route that will increase the capacity. According to May 2014 operating statistics, Latin route reported 9% increase in total traffic (RPM) and 6.5% increase in capacity. Load factor also improved by 1.9 percentage point to 82.5%.<\/p>\n
So, increasing traffic and capacity in Latin region offset the overall declining performance in domestic and Atlantic route. The addition of new services expects to increase the airline\u2019s future passenger revenues per available seat mile (PRASM).<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 06\/17\/2014 (wallstreetpr) \u2013 United Airlines announced that the carrier will introduce its service to Santiago, Chile from Houston. The United Continental Holdings Inc […]<\/p>\n","protected":false},"author":32,"featured_media":20882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[1460,3773,3088],"stock_ticker":[],"class_list":["post-25932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nyseual","tag-united-continental-holdings-inc","tag-united-continental-holdings-inc-nyseual","entry"],"acf":[],"yoast_head":"\n