JetBlue Airways Reports August Traffic
September 13 2017 - 07:30AM
Business Wire
JetBlue Airways Corporation (NASDAQ:JBLU) reported its
preliminary traffic results for August 2017. Traffic in August
increased 5.0 percent from August 2016, on a capacity increase of
5.4 percent. Load factor for August 2017 was 87.1 percent, a
decrease of 0.3 points from August 2016. JetBlue’s preliminary
completion factor was 97.8 percent and its on-time (1) performance
was 68.1 percent. JetBlue continues to expect revenue per available
seat mile (RASM) growth to range between (1.0) and 1.0 percent
compared to the third quarter of 2016. RASM guidance does not
include any impact of Hurricane Irma.
“Our thoughts go to all those affected by Irma, including our
crewmembers and customers throughout the Caribbean and in Florida
who have been impacted,” said Robin Hayes, president and CEO,
JetBlue. “Our focus remains on deploying assistance to our
crewmembers and resuming operations safely. We will update the
market on the operational and financial impact of Irma in the
coming weeks.”
JETBLUE AIRWAYS TRAFFIC RESULTS
August 2017
August 2016 % Change Revenue passenger miles (000)
4,423,182 4,211,755 5.0% Available seat miles (000) 5,077,985
4,820,083 5.4% Load factor 87.1 % 87.4 % (0.3) pts. Revenue
passengers 3,699,807 3,505,253 5.6% Departures 31,794 30,162 5.4%
Average stage length (miles) 1,076 1,097 (1.9)%
Y-T-D
2017 Y-T-D 2016 % Change Revenue passenger miles
(000) 32,432,253 31,001,452 4.6% Available seat miles (000)
38,042,092 36,296,137 4.8% Load factor 85.3 % 85.4 % (0.1) pts.
Revenue passengers 27,476,236 25,812,859 6.4% Departures 239,840
226,751 5.8% Average stage length (miles) 1,075 1,103 (2.5)%
(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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170913005135/en/
JetBlue Investor RelationsTel: +1 718 709
2202ir@jetblue.comorJetBlue
Corporate CommunicationsTel: +1 718 709 3089corpcomm@jetblue.com
JetBlue Airways (NASDAQ:JBLU)
Historical Stock Chart
From Feb 2024 to Mar 2024
JetBlue Airways (NASDAQ:JBLU)
Historical Stock Chart
From Mar 2023 to Mar 2024