JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for August 2019. Traffic in August increased 3.9 percent from August 2018, on a capacity increase of 6.1 percent. Load factor for August 2019 was 86.9 percent, a decrease of 1.8 points from August 2018. JetBlue’s preliminary completion factor for August 2019 was 99.0 percent and its on-time (1) performance was 67.8 percent.
JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between -2.0 and 0.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS | |||||||||||||
August 2019 | August 2018 | % Change | |||||||||||
Revenue passenger miles (000) | 4,905,835 | 4,720,305 | 3.9 | % | |||||||||
Available seat miles (000) | 5,644,648 | 5,319,963 | 6.1 | % | |||||||||
Load factor | 86.9 | % | 88.7 | % | -1.8 pts. | ||||||||
Revenue passengers | 3,897,825 | 3,908,398 | (0.3 | )% | |||||||||
Departures | 32,638 | 32,576 | 0.2 | % | |||||||||
Average stage length (miles) | 1,133 | 1,093 | 3.7 | % | |||||||||
Y-T-D 2019 | Y-T-D 2018 | % Change | |||||||||||
Revenue passenger miles (000) | 36,428,145 | 34,384,152 | 5.9 | % | |||||||||
Available seat miles (000) | 42,760,776 | 39,833,204 | 7.3 | % | |||||||||
Load factor | 85.2 | % | 86.3 | % | -1.1 pts. | ||||||||
Revenue passengers | 29,047,424 | 28,652,079 | 1.4 | % | |||||||||
Departures | 247,348 | 245,015 | 1.0 | % | |||||||||
Average stage length (miles) | 1,142 | 1,093 | 4.5 | % | |||||||||
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
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