JBLU JetBlue Airways Corporation

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for October 2016. Traffic in October increased 6.5 percent from October 2015, on a capacity increase of 5.5 percent.

Load factor for October 2016 was 84.8 percent, an increase of 0.8 points from October 2015. JetBlue’s preliminary completion factor was 97.7 percent and its on-time (1) performance was 77.0 percent. JetBlue’s preliminary revenue per available seat mile for the month of October decreased approximately three percent year over year. Hurricane Matthew negatively impacted October unit revenue by approximately two percentage points.

       

JETBLUE AIRWAYS TRAFFIC RESULTS

 

October 2016

October 2015 % Change Revenue passenger miles (000) 3,572,161 3,354,912 6.5% Available seat miles (000) 4,211,947 3,993,772 5.5% Load factor 84.8% 84.0% 0.8 pts. Revenue passengers 3,034,721 2,873,420 5.6% Departures 26,954 25,869 4.2% Average stage length (miles) 1,070 1,072 -0.2%   Y-T-D 2016 Y-T-D 2015 % Change Revenue passenger miles (000) 38,006,284 34,511,455 10.1% Available seat miles (000) 44,633,277 40,626,254 9.9% Load factor 85.2% 84.9% 0.3 pts. Revenue passengers 31,765,753 29,063,071 9.3% Departures 280,279 262,239 6.9% Average stage length (miles) 1,096 1,090 0.6%   (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 35 million customers a year to 99 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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