JetBlue Airways Reports October Traffic
13-Nov-2017 JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for October 2017. Traffic in October increased 3.7 percent from October 2016, on a capacity increase of 6.8 percent.
Load factor for October 2017 was 82.4 percent, a decrease of 2.4 points from October 2016. JetBlue's preliminary completion factor was 97.8 percent and its on-time (1) performance was 79.5 percent. JetBlue continues to expect fourth quarter revenue per available seat mile (RASM) growth to range between (3.0) and 0.0 percent compared to the fourth quarter of 2016, including a negative impact from hurricanes of one to two percentage points.
JETBLUE AIRWAYS TRAFFIC RESULTS |
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October 2017 | October 2016 | % Change | ||||||||||||||||||||||
Revenue passenger miles (000) | 3,704,188 | 3,572,161 | 3.7 | % | ||||||||||||||||||||
Available seat miles (000) | 4,496,694 | 4,211,947 | 6.8 | % | ||||||||||||||||||||
Load factor | 82.4 | % | 84.8 | % | (2.4) pts. | |||||||||||||||||||
Revenue passengers | 3,166,920 | 3,034,721 | 4.4 | % | ||||||||||||||||||||
Departures | 28,760 | 26,954 | 6.7 | % | ||||||||||||||||||||
Average stage length (miles) | 1,054 | 1,070 | (1.5 | )% | ||||||||||||||||||||
Y-T-D 2017 | Y-T-D 2016 | % Change | ||||||||||||||||||||||
Revenue passenger miles (000) | 39,416,452 | 38,006,284 | 3.7 | % | ||||||||||||||||||||
Available seat miles (000) | 46,628,185 | 44,633,277 | 4.5 | % | ||||||||||||||||||||
Load factor | 84.5 | % | 85.2 | % | (0.7) pts. | |||||||||||||||||||
Revenue passengers | 33,418,267 | 31,765,753 | 5.2 | % | ||||||||||||||||||||
Departures | 294,740 | 280,279 | 5.2 | % | ||||||||||||||||||||
Average stage length (miles) | 1,071 | 1,096 | (2.3 | )% |
(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 38 million customers a year to 101 cities in the U.S., Caribbean, and Latin America with an average of 1,000 daily flights. For more information please visit jetblue.com