JBLU JetBlue Airways Corporation

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for June 2017. Traffic in June increased 3.2 percent from June 2016, on a capacity increase of 4.0 percent.

Load factor for June 2017 was 85.5 percent, a decrease of 0.7 points from June 2016. JetBlue’s preliminary completion factor was 97.5 percent and its on-time (1) performance was 60.6 percent. Second quarter revenue per available seat mile (RASM) is expected to increase approximately 7 percent compared to the second quarter of 2016. Second quarter RASM was positively impacted by 1.25 points due to lower completion factor and incentive payments related to the JetBlue co-branded credit card.

 

JETBLUE AIRWAYS TRAFFIC RESULTS

        June 2017 June 2016 % Change Revenue passenger miles (000) 4,078,977 3,953,711 3.2 % Available seat miles (000) 4,772,790 4,587,583 4.0 % Load factor 85.5 % 86.2 % (0.7) pts. Revenue passengers 3,453,493 3,286,059 5.1 % Departures 30,213 28,686 5.3 % Average stage length (miles) 1,066 1,098 (2.9 )%   Y-T-D 2017 Y-T-D 2016 % Change Revenue passenger miles (000) 23,532,265 22,528,737 4.5 % Available seat miles (000) 27,825,578 26,625,661 4.5 % Load factor 84.6 % 84.6 % 0 pts. Revenue passengers 20,023,852 18,778,455 6.6 % Departures 175,959 166,524 5.7 % Average stage length (miles) 1,074 1,103 (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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