JetBlue Airways Reports November Traffic
- 27
JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2019. Traffic in November 2019 increased 3.7 percent from November 2018, on a capacity increase of 7.1 percent. Load factor for November 2019 was 80.8 percent, a decrease of 2.7 points from November 2018. JetBlue’s preliminary completion factor for November 2019 was 99.9 percent and its on-time (1) performance was 80.4 percent. JetBlue expects fourth quarter revenue per available seat mile (RASM) to range between (3.5) and (1.5) percent, driven by softer than expected close-in yields in late November, combined with the negative impact of weather over the Thanksgiving holiday peak.
JETBLUE AIRWAYS TRAFFIC RESULTS
|
November 2019 |
November 2018 |
% Change |
||||||
Revenue passenger miles (000) |
4,258,447 |
|
4,106,313 |
|
3.7 |
% |
|||
Available seat miles (000) |
5,269,418 |
|
4,918,656 |
|
7.1 |
% |
|||
Load factor |
80.8 |
% |
83.5 |
% |
-2.7 pts. |
||||
Revenue passengers |
3,399,650 |
|
3,385,594 |
|
0.4 |
% |
|||
Departures |
30,278 |
|
29,893 |
|
1.3 |
% |
|||
Average stage length (miles) |
1,138 |
|
1,102 |
|
3.3 |
% |
|||
|
|
|
|
||||||
|
Y-T-D 2019 |
Y-T-D 2018 |
% Change |
||||||
Revenue passenger miles (000) |
49,013,552 |
|
46,435,461 |
|
5.6 |
% |
|||
Available seat miles (000) |
58,253,158 |
|
54,527,968 |
|
6.8 |
% |
|||
Load factor |
84.1 |
% |
85.2 |
% |
-1.1 pts. |
||||
Revenue passengers |
39,100,702 |
|
38,613,612 |
|
1.3 |
% |
|||
Departures |
336,999 |
|
334,961 |
|
0.6 |
% |
|||
Average stage length (miles) |
1,138 |
|
1,093 |
|
4.1 |
% |
|||
(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 more than 1,000 daily flights. For more information, please visit jetblue.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191211005114/en/
