New York, NY -- (ReleaseWire) -- 03/11/2013 --United Continental Holdings, Inc. (NYSE: UAL) reported February 2013 combined operational results for its airline units.
UAL's consolidated traffic (revenue passenger miles) in February 2013 decreased 3.4 percent and consolidated capacity (available seat miles) decreased 8.4 percent versus February 2012. UAL's consolidated load factor in February 2013 increased 4.1 points compared to February 2012.
UAL's February 2013 consolidated passenger revenue per available seat mile (PRASM) increased an estimated 6.5 to 7.5 percent compared to February 2012.
United Airlines and United Express operate an average of 5,472 flights a day to 381 airports across six continents.
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Tempur-Pedic International Inc. (NYSE: TPX) and Sealy Corporation (ZZ), a leading global bedding manufacturer, announced that the Federal Trade Commission has cleared the Company's planned acquisition of Sealy. Based on this, the Company intends to close the acquisition on March 18, 2013, subject to customary closing conditions.
"I am pleased that the FTC has concluded its review and we can complete the acquisition of Sealy. The combination of Tempur-Pedic and Sealy unites two highly complementary companies with iconic brands to create the first full spectrum, global bedding company that addresses all market segments and consumer preferences," said Mark Sarvary, Chief Executive Officer, Tempur-Pedic.
Tempur-Pedic International Inc. (TPX) manufactures and distributes mattresses and pillows made from its proprietary TEMPUR(R) pressure-relieving material.
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