JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for February 2019. Traffic in February increased 6.0 percent from February 2018, on a capacity increase of 7.5 percent.
Load factor for February 2019 was 81.5 percent, a decrease of 1.1 points from February 2018. JetBlue’s preliminary completion factor for February 2019 was 98.5 percent and its on-time (1) performance was 70.0 percent. JetBlue continues to expect first quarter revenue per available seat mile (RASM) to range between (3.5) and (1.5) percent.
JETBLUE AIRWAYS TRAFFIC RESULTS | |||||||||||||
| February 2019 | February 2018 | % Change | |||||||||||
| Revenue passenger miles (000) | 3,913,690 | 3,691,600 | 6.0 | % | |||||||||
| Available seat miles (000) | 4,804,079 | 4,467,297 | 7.5 | % | |||||||||
| Load factor | 81.5 | % | 82.6 | % | -1.1 pts. | ||||||||
| Revenue passengers | 3,123,054 | 3,071,029 | 1.7 | % | |||||||||
| Departures | 27,638 | 27,271 | 1.3 | % | |||||||||
| Average stage length (miles) | 1,159 | 1,104 | 5.0 | % | |||||||||
| Y-T-D 2019 | Y-T-D 2018 | % Change | |||||||||||
| Revenue passenger miles (000) | 8,012,747 | 7,489,996 | 7.0 | % | |||||||||
| Available seat miles (000) | 9,901,281 | 9,106,415 | 8.7 | % | |||||||||
| Load factor | 80.9 | % | 82.2 | % | -1.3 pts. | ||||||||
| Revenue passengers | 6,381,438 | 6,229,369 | 2.4 | % | |||||||||
| Departures | 57,231 | 55,867 | 2.4 | % | |||||||||
| Average stage length (miles) | 1,152 | 1,098 | 4.9 | % | |||||||||
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
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