JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for January 2019. Traffic in January increased 7.9 percent from January 2018, on a capacity increase of 9.9 percent.
Load factor for January 2019 was 80.4 percent, a decrease of 1.5 points from January 2018. JetBlue’s preliminary completion factor for January 2019 was 96.0 percent and its on-time (1) performance was 69.4 percent. JetBlue continues to expect first quarter revenue per available seat mile (RASM) to range between (2.0) and 1.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS | |||||||||||||
| January 2019 | January 2018 | % Change | |||||||||||
| Revenue passenger miles (000) | 4,099,057 | 3,798,396 | 7.9 | % | |||||||||
| Available seat miles (000) | 5,097,202 | 4,639,118 | 9.9 | % | |||||||||
| Load factor | 80.4 | % | 81.9 | % | -1.5 pts. | ||||||||
| Revenue passengers | 3,258,384 | 3,158,340 | 3.2 | % | |||||||||
| Departures | 29,593 | 28,596 | 3.5 | % | |||||||||
| Average stage length (miles) | 1,146 | 1,092 | 4.9 | % | |||||||||
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America with an average of 1,000 daily flights. For more information please visit jetblue.com.
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