JetBlue Airways Reports May Traffic
June 10 2016 - 8:00AM
Business Wire
JetBlue Airways Corporation (NASDAQ:JBLU) reported its
preliminary traffic results for May 2016. Traffic in May increased
10.7 percent from May 2015, on a capacity increase of 12.1
percent.
Load factor for May 2016 was 84.6 percent, a decrease of 1.1
points from May 2015. JetBlue’s preliminary completion factor was
99.6 percent and its on-time (1) performance was 80.7 percent.
JetBlue’s preliminary revenue per available seat mile (RASM) for
the month of May decreased approximately seven percent year over
year. For the second quarter of 2016, RASM is expected to decrease
between seven and a half and eight and a half percent year over
year, toward the lower end of prior expectations.
As we continue to assess the fuel and revenue
environments, JetBlue is lowering its full year capacity guidance
and now expects year over year available seat mile growth in 2016
to be between 8.0 and 9.5 percent, down from prior guidance of 8.5
to 10.5 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
May
2016 May 2015 % Change Revenue passenger miles
(000) 3,838,752 3,468,055 10.7% Available seat miles (000)
4,537,104 4,048,048 12.1% Load factor 84.6% 85.7% -1.1 pts. Revenue
passengers 3,244,635 2,957,534 9.7% Departures 28,852 26,594 8.5%
Average stage length (miles) 1,081 1,074 0.7%
Y-T-D
2016 Y-T-D 2015 % Change Revenue passenger miles
(000) 18,575,026 16,551,261 12.2% Available seat miles (000)
22,038,078 19,504,498 13.0% Load factor 84.3% 84.9% -0.6 pts.
Revenue passengers 15,492,396 13,975,004 10.9% Departures 137,838
126,604 8.9% Average stage length (miles) 1,104 1,091 1.2%
(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 35 million
customers a year to 96 cities in the U.S., Caribbean, and Latin
America with an average of 925 daily flights. For more information
please visit JetBlue.com.
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JetBlue Investor RelationsTel: +1
718-709-2202ir@jetblue.comorJetBlue Corporate
CommunicationsTel: +1 718-709-3089corpcomm@jetblue.com
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