JetBlue Airways Reports December Traffic
January 11 2019 - 07:00AM
Business Wire
JetBlue Airways Corporation (NASDAQ: JBLU) reported its
preliminary traffic results for December 2018. Traffic in December
increased 6.8 percent from December 2017, on a capacity increase of
8.5 percent. Load factor for December 2018 was 81.4 percent, a
decrease of 1.3 points from December 2017. JetBlue’s preliminary
completion factor for December 2018 was 99.8 percent and its
on-time (1) performance was 74.5 percent.
Fourth quarter revenue per available seat mile (RASM) is
expected to increase approximately 2.4 percent year-over-year. This
is consistent with our prior guidance range of 1.5 to
3.5 percent. December revenue trends performed as expected.
Higher than expected completion factor negatively impacted fourth
quarter RASM by approximately 0.3 points.
JETBLUE AIRWAYS TRAFFIC RESULTS
December 2018 December 2017 %
Change Revenue passenger miles (000) 4,354,643 4,079,287 6.8 %
Available seat miles (000) 5,352,847 4,931,590 8.5 % Load factor
81.4 % 82.7 % -1.3 pts. Revenue passengers 3,536,377 3,430,346 3.1
% Departures 31,658 30,659 3.3 % Average stage length (miles) 1,128
1,091 3.4 %
Y-T-D 2018 Y-T-D 2017 %
Change Revenue passenger miles (000) 50,790,104 47,239,706 7.5
% Available seat miles (000) 59,880,815 56,007,224 6.9 % Load
factor 84.8 % 84.3 % 0.5 pts. Revenue passengers 42,149,989
40,038,090 5.3 % Departures 366,619 353,681 3.7 % Average stage
length (miles) 1,096 1,072 2.2 %
(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 42 million
customers a year to 100+ 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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JetBlue Investor RelationsTel:
+1-718-709-2202ir@jetblue.com
JetBlue Corporate CommunicationsTel:
+1-718-709-3089corpcomm@jetblue.com
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