JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for August 2018. Traffic in August increased 6.7 percent from August 2017, on a capacity increase of 4.8 percent.
Load factor for August 2018 was 88.7 percent, an increase of 1.6 points from August 2017. JetBlue’s preliminary completion factor was 97.4 percent and its on-time (1) performance was 66.7 percent. JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between 1.0 to 3.0 percent. As reported on September 5th, our updated RASM guidance largely reflects strong close-in demand.
JETBLUE AIRWAYS TRAFFIC RESULTS
|August 2018||August 2017||% Change|
|Revenue passenger miles (000)||4,720,305||4,423,182||6.7%|
|Available seat miles (000)||5,319,963||5,077,985||4.8%|
|Load factor||88.7|| |
|Average stage length (miles)||1,093||1,076||1.6%|
|Y-T-D 2018||Y-T-D 2017||% Change|
|Revenue passenger miles (000)||34,384,152||32,432,253||6.0%|
|Available seat miles (000)||39,833,204||38,042,092||4.7%|
|Load factor||86.3|| |
|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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