United Airlines'
fourth-quarter corporate revenue rose 7 percent from the prior-year period, an
increase that chief revenue officer Jim Compton said continued a "2013
trend of steady year-over-year improvements."
The airline did not share
corporate-specific revenue figures for the prior quarter. Yet, for the quarter
ending in June 2013, United reported a 2 percent year-over-year corporate revenue increase, "fairly consistent with first-quarter
growth," Compton said at the time.
Delta Air Lines earlier this week reported that ticketed corporate revenues for the last three months
of 2013 also rose 7 percent year over year.
United, meanwhile, indicated
that it has addressed some flawed revenue management assumptions that
led to its industry-lagging third-quarter performance, Compton said during the
airline's fourth-quarter earnings call on Thursday.
"During the fourth
quarter we implemented two significant recalibrations to our demand
forecast," he said. "These adjustments were made to shift the booking
curve toward more close-in bookings and improve the yield mix. We are starting
to see the intended results from our actions and expect our yield mix
improvements to accelerate through the first half of this year."