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.
JETBLUE AIRWAYS TRAFFIC RESULTS | ||||||
October 2019 | October 2018 | % Change | ||||
Revenue passenger miles (000) | 4,309,280 | 4,057,717 | 6.2 | % | ||
Available seat miles (000) | 5,222,111 | 4,896,391 | 6.7 | % | ||
Load factor | 82.5 | % | 82.9 | % | -0.4 pts. | |
Revenue passengers | 3,448,803 | 3,374,128 | 2.2 | % | ||
Departures | 30,254 | 30,215 | 0.1 | % | ||
Average stage length (miles) | 1,131 | 1,085 | 4.2 | % | ||
Y-T-D 2019 | Y-T-D 2018 | % Change | ||||
Revenue passenger miles (000) | 44,754,978 | 42,329,148 | 5.7 | % | ||
Available seat miles (000) | 52,983,740 | 49,609,312 | 6.8 | % | ||
Load factor | 84.5 | % | 85.3 | % | -0.8 pts. | |
Revenue passengers | 35,700,938 | 35,228,018 | 1.3 | % | ||
Departures | 306,721 | 305,068 | 0.5 | % | ||
Average stage length (miles) | 1,139 | 1,092 | 4.3 | % |
(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. For more information, please visit jetblue.com.
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