JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for November 2018. Traffic in November increased 9.7 percent from November 2017, on a capacity increase of 10.6 percent.
Load factor for November 2018 was 83.5 percent, a decrease of 0.7 points from November 2017. JetBlue’s preliminary completion factor was 99.3 percent and its on-time (1) performance was 71.2 percent. JetBlue expects fourth quarter revenue per available seat mile (RASM) to range between 1.5 to 3.5 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
|November 2018||November 2017||% Change|
|Revenue passenger miles (000)||4,106,313||3,743,967||9.7||%|
|Available seat miles (000)||4,918,656||4,447,449||10.6||%|
|Load factor||83.5||%||84.2||%||-0.7 pts.|
|Average stage length (miles)||1,102||1,066||3.4||%|
|Y-T-D 2018||Y-T-D 2017||% Change|
|Revenue passenger miles (000)||46,435,461||43,160,419||7.6||%|
|Available seat miles (000)||54,527,968||51,075,634||6.8||%|
|Load factor||85.2||%||84.5||%||0.7 pts.|
|Average stage length (miles)||1,093||1,070||2.1||%|
(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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