JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for June 2017. Traffic in June increased 3.2 percent from June 2016, on a capacity increase of 4.0 percent.
Load factor for June 2017 was 85.5 percent, a decrease of 0.7 points from June 2016. JetBlue’s preliminary completion factor was 97.5 percent and its on-time (1) performance was 60.6 percent. Second quarter revenue per available seat mile (RASM) is expected to increase approximately 7 percent compared to the second quarter of 2016. Second quarter RASM was positively impacted by 1.25 points due to lower completion factor and incentive payments related to the JetBlue co-branded credit card.
JETBLUE AIRWAYS TRAFFIC RESULTS
|June 2017||June 2016||% Change|
|Revenue passenger miles (000)||4,078,977||3,953,711||3.2||%|
|Available seat miles (000)||4,772,790||4,587,583||4.0||%|
|Load factor||85.5||%||86.2||%||(0.7) pts.|
|Average stage length (miles)||1,066||1,098||(2.9||)%|
|Y-T-D 2017||Y-T-D 2016||% Change|
|Revenue passenger miles (000)||23,532,265||22,528,737||4.5||%|
|Available seat miles (000)||27,825,578||26,625,661||4.5||%|
|Load factor||84.6||%||84.6||%||0 pts.|
|Average stage length (miles)||1,074||1,103||(2.6||)%|
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