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Actionable news in UAL: UNITED CONTINENTAL HOLDINGS Inc,

United Continental (UAL) Stock Higher Despite Drop in March Traffic

NEW YORK (TheStreet) -- United Continental (UAL - Get Report) stock is gaining by 2.94% to $54.64 in early-afternoon trading on Monday, even though the airline expects that 2016 first quarter unit revenue will decline between 7.25% and 7.75% year-over-year.

Unit revenue is a key metric that reflects the amount that airlines generate for each passenger flown per mile.

The company has been negatively impacted by a strong dollar, lower surcharges and a travel slump from customers affected by retreating oil prices.

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