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JetBlue unit revenue up strongly in May

Analysis

JetBlue's reported its preliminary passenger revenue per available seat mile (PRASM) for May-2011 increased 19% year over year. For 2Q2011, PRASM is expected to increase between 13-15% year over year.

JetBlue Airways reported the following traffic highlights in May-2011:

  • Passenger numbers: 2.2 million, +10.7% year-on-year;
  • Passenger load factor: 82.6%, +1.3 ppts.

GOL reported the following traffic highlights in May-2011:

  • Passenger traffic (RPKs): +12.7% year-on-year;
    • Domestic: +12.3%;
    • International: +16.7%;
  • Load factor: 62.9%, +5.0 ppts;
    • Domestic: 63.2%, +4.4 ppts;
    • International: 59.8%, +9.9 ppts. 

Selected LCC daily share price movements (% change): 13-Jun-2011

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