JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for July 2017. Traffic in July increased 5.1 percent from July 2016, on a capacity increase of 5.9 percent.
Load factor for July 2017 was 87.1 percent, a decrease of 0.7 points from July 2016. JetBlue’s preliminary completion factor was 97.5 percent and its on-time (1) performance was 63.5 percent. JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between (0.5) percent and 2.5 percent compared to the third quarter of 2016.
JETBLUE AIRWAYS TRAFFIC RESULTS | |||||||||||
| July 2017 | July 2016 | % Change | |||||||||
| Revenue passenger miles (000) | 4,476,806 | 4,260,960 | 5.1 | % | |||||||
| Available seat miles (000) | 5,138,529 | 4,850,393 | 5.9 | % | |||||||
| Load factor | 87.1 | % | 87.8 | % | (0.7) pts. | ||||||
| Revenue passengers | 3,752,577 | 3,529,151 | 6.3 | % | |||||||
| Departures | 32,087 | 30,065 | 6.7 | % | |||||||
| Average stage length (miles) | 1,079 | 1,109 | (2.7 | )% | |||||||
| Y-T-D 2017 | Y-T-D 2016 | % Change | |||||||||
| Revenue passenger miles (000) | 28,009,071 | 26,789,697 | 4.6 | % | |||||||
| Available seat miles (000) | 32,964,107 | 31,476,054 | 4.7 | % | |||||||
| Load factor | 85.0 | % | 85.1 | % | (0.1) pts. | ||||||
| Revenue passengers | 23,776,429 | 22,307,606 | 6.6 | % | |||||||
| Departures | 208,046 | 196,589 | 5.8 | % | |||||||
| Average stage length (miles) | 1,075 | 1,104 | (2.6 | )% | |||||||
| (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.
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