JetBlue Airways Reports December Traffic
January 11 2018 - 8:00AM
Business Wire
JetBlue Airways Corporation (NASDAQ:JBLU) reported its
preliminary traffic results for December 2017. Traffic in December
increased 2.7 percent from December 2016, on a capacity increase of
4.4 percent.
Load factor for December 2017 was 82.7 percent, a decrease of
1.4 points from December 2016. JetBlue’s preliminary completion
factor was 99.8 percent and its on-time (1) performance was 74.1
percent.
The following reflects revised guidance for the fourth quarter
of 2017:
- Fourth quarter revenue per available
seat mile (RASM) is expected to increase approximately 1.8%
year-over-year.
- CASM ex-fuel growth is expected to
include approximately $23 million of additional expenses associated
with the $1,000 bonus for each Crewmember, which will raise our
previously provided guidance by 2.0 percentage points.
- JetBlue expects fuel cost per gallon of
$1.89 to $1.92 in the fourth quarter.
JETBLUE AIRWAYS TRAFFIC RESULTS
December 2017 December 2016 % Change
Revenue passenger miles (000) 4,079,287 3,970,702 2.7 % Available
seat miles (000) 4,931,590 4,721,577 4.4 % Load factor 82.7 % 84.1
% (1.4) pts. Revenue passengers 3,430,346 3,376,983 1.6 %
Departures 30,659 29,667 3.3 % Average stage length (miles) 1,091
1,087 0.4 %
Y-T-D 2017 Y-T-D 2016 %
Change Revenue passenger miles (000) 47,239,706 45,618,635 3.6
% Available seat miles (000) 56,007,224 53,619,536 4.5 % Load
factor 84.3 % 85.1 % (0.8) pts. Revenue passengers 40,038,090
38,263,104 4.6 % Departures 353,681 337,302 4.9 % Average stage
length (miles) 1,072 1,093 (1.9 )%
(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 40 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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