- JetBlue recently reported its preliminary traffic results for September 2019. Traffic in September increased 3.4% as compared to the corresponding period in 2018, on a capacity increase of 2.5%.
- Load factor for September 2019 was 80.3%, up 0.6 percentage points from September 2018.
- JetBlue’s preliminary completion factor for September 2019 was 97.9% and its on-time performance was 82%. The US Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
- Third quarter revenue per available seat mile is expected to decrease approximately 0.9% YoY. This is consistent with our revised guidance range of (2.0) to 0.0 percent.
PRESS RELEASE
NEW YORK–(BUSINESS WIRE)– JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for September 2019. Traffic in September increased 3.4 percent from September 2018, on a capacity increase of 2.5 percent. Load factor for September 2019 was 80.3 percent, an increase of 0.6 points from September 2018. JetBlue’s preliminary completion factor for September 2019 was 97.9 percent and its on-time (1) performance was 82.0 percent.
Third quarter revenue per available seat mile (RASM) is expected to decrease approximately (0.9) percent year-over-year. This is consistent with our revised guidance range of (2.0) to 0.0 percent.
| JETBLUE AIRWAYS TRAFFIC RESULTS | ||||||
| September 2019 | September 2018 | % Change | ||||
| Revenue passenger miles (000) | 4,017,553 | 3,887,279 | 3.4 | % | ||
| Available seat miles (000) | 5,000,853 | 4,879,717 | 2.5 | % | ||
| Load factor | 80.3 | % | 79.7 | % | 0.6 pts. | |
| Revenue passengers | 3,204,711 | 3,201,811 | 0.1 | % | ||
| Departures | 29,119 | 29,838 | (2.4 | )% | ||
| Average stage length (miles) | 1,120 | 1,091 | 2.7 | % | ||
| Y-T-D 2019 | Y-T-D 2018 | % Change | ||||
| Revenue passenger miles (000) | 40,445,698 | 38,271,431 | 5.7 | % | ||
| Available seat miles (000) | 47,761,629 | 44,712,920 | 6.8 | % | ||
| Load factor | 84.7 | % | 85.6 | % | -0.9 pts. | |
| Revenue passengers | 32,252,135 | 31,853,890 | 1.3 | % | ||
| Departures | 276,467 | 274,853 | 0.6 | % | ||
| Average stage length (miles) | 1,140 | 1,093 | 4.3 | % |
