JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for October 2018. Traffic in October increased 9.5 percent from October 2017, on a capacity increase of 8.9 percent.
Load factor for October 2018 was 82.9 percent, an increase of 0.5 points from October 2017. JetBlue’s preliminary completion factor was 99.4 percent and its on-time (1) performance was 78.8 percent. JetBlue continues to expect fourth quarter revenue per available seat mile (RASM) to range between 1.0 to 4.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
|October 2018||October 2017||% Change|
|Revenue passenger miles (000)||4,057,717||3,704,188||9.5||%|
|Available seat miles (000)||4,896,391||4,496,694||8.9||%|
|Load factor||82.9||%||82.4||%||0.5 pts.|
|Average stage length (miles)||1,085||1,054||2.9||%|
|Y-T-D 2018||Y-T-D 2017||% Change|
|Revenue passenger miles (000)||42,329,148||39,416,452||7.4||%|
|Available seat miles (000)||49,609,312||46,628,185||6.4||%|
|Load factor||85.3||%||84.5||%||0.8 pts.|
|Average stage length (miles)||1,092||1,071||2.0||%|
(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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