JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for July 2018. Traffic in July increased 6.2 percent from July 2017, on a capacity increase of 4.1 percent.
Load factor for July 2018 was 88.9 percent, an increase of 1.8 points from July 2017. JetBlue’s preliminary completion factor was 97.6 percent and its on-time (1) performance was 67.2 percent. JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between 0.0 to 3.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
|July 2018||July 2017||% Change|
|Revenue passenger miles (000)||4,755,179||4,476,806||6.2||%|
|Available seat miles (000)||5,350,842||5,138,529||4.1||%|
|Load factor||88.9||%||87.1||%||1.8 pts.|
|Average stage length (miles)||1,096||1,079||1.6||%|
|Y-T-D 2018||Y-T-D 2017||% Change|
|Revenue passenger miles (000)||29,663,847||28,009,071||5.9||%|
|Available seat miles (000)||34,513,241||32,964,107||4.7||%|
|Load factor||85.9||%||85.0||%||0.9 pts.|
|Average stage length (miles)||1,093||1,075||1.7||%|
(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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