JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for February 2018. Traffic in February increased 6.8 percent from February 2017, on a capacity increase of 6.8 percent.
Load factor for February 2018 was 82.6 percent, unchanged from February 2017. JetBlue’s preliminary completion factor was 98.4 percent and its on-time (1) performance was 74.6 percent. JetBlue expects first quarter revenue per available seat mile (RASM) growth to range between 3.5 and 5.5 percent compared to the first quarter of 2017.
JETBLUE AIRWAYS TRAFFIC RESULTS
|February 2018||February 2017||% Change|
|Revenue passenger miles (000)||3,691,600||3,456,625||6.8%|
|Available seat miles (000)||4,467,297||4,182,711||6.8%|
|Load factor||82.6||%||82.6||%||0 pts.|
|Average stage length (miles)||1,104||1,087||1.6%|
|Y-T-D 2018||Y-T-D 2017||% Change|
|Revenue passenger miles (000)||7,489,996||7,319,818||2.3%|
|Available seat miles (000)||9,106,415||8,819,352||3.3%|
|Load factor||82.2||%||83.0||%||-0.8 pts.|
|Average stage length (miles)||1,098||1,082||1.5%|
|(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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