JetBlue’s traffic up 6.2% in October 2019

• JetBlue’s traffic for October 2019 grew 6.2% from the same period last year on a capacity increase of 6.7%.
• Load factor for October dipped 0.4 points to 82.5% vis-à-vis October 2018.
• While revenue passengers in October went up 2.2% with respect to the comparable period last year, departures grew 0.1% from the same period last year.
• JetBlue’s revenue per available seat mile (RASM) went down (0.9)% year over year during its third quarter of 2019. Its operating expenses per available seat mile (CASM ex-fuel), excluding fuel grew 0.3% during the same period.

PRESS RELEASE

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for October 2019. Traffic in October 2019 increased 6.2 percent from October 2018, on a capacity increase of 6.7 percent. Load factor for October 2019 was 82.5 percent, a decrease of 0.4 points from October 2018. JetBlue’s preliminary completion factor for October 2019 was 99.6 percent and its on-time ⁽¹⁾ performance was 80.7 percent.

JetBlue continues to expect fourth quarter revenue per available seat mile (RASM) to range between (3.5) and (0.5) percent.

(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-plus cities in the United States, Caribbean and Latin America, with an average of more than 1,000 daily flights.

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