United Airlines' Traffic Drops 13.9 Percent, But Load Factor Rises to 73.2%
"CHICAGO, June 4 /PRNewswire-FirstCall/ -- United Airlines' (NYSE: UAL - News) total scheduled revenue passenger miles (RPMs) fell 13.9 percent in May vs. the comparable month in 2001, on a capacity decrease of 17.2 percent. However, the carrier's passenger load factor rose to 73.2 percent from 70.4 percent a year ago."
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How can traffic drop yet load factor increases?