JBLU JetBlue Airways Corporation

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for July 2018. Traffic in July increased 6.2 percent from July 2017, on a capacity increase of 4.1 percent.

Load factor for July 2018 was 88.9 percent, an increase of 1.8 points from July 2017. JetBlue’s preliminary completion factor was 97.6 percent and its on-time (1) performance was 67.2 percent. JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between 0.0 to 3.0 percent.

           

JETBLUE AIRWAYS TRAFFIC RESULTS

  July 2018 July 2017 % Change Revenue passenger miles (000) 4,755,179 4,476,806 6.2 % Available seat miles (000) 5,350,842 5,138,529 4.1 % Load factor 88.9 % 87.1 % 1.8 pts. Revenue passengers 3,940,085 3,752,577 5.0 % Departures 32,705 32,087 1.9 % Average stage length (miles) 1,096 1,079 1.6 %   Y-T-D 2018 Y-T-D 2017 % Change Revenue passenger miles (000) 29,663,847 28,009,071 5.9 % Available seat miles (000) 34,513,241 32,964,107 4.7 % Load factor 85.9 % 85.0 % 0.9 pts. Revenue passengers 24,743,681 23,776,429 4.1 % Departures 212,439 208,046 2.1 % Average stage length (miles) 1,093 1,075 1.7 %

(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 102 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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