(TAN): JetBlue Airways Corporation reported its preliminary traffic results for December 2019. Traffic in December 2019 increased 5.7 percent from December 2018, on a capacity increase of 4.4 percent.
Load factor for December 2019 was 82.4 percent, an increase of 1.0 points from December 2018. JetBlue’s preliminary completion factor for December 2019 was 99.3 percent and its on-time performance was 66.7 percent. The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
Fourth quarter revenue per available seat mile (RASM) is expected to decrease approximately 2.7 percent year-over-year.
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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 nearly 100 cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights.