JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2019. Traffic in November 2019 increased 3.7 percent from November 2018, on a capacity increase of 7.1 percent. Load factor for November 2019 was 80.8 percent, a decrease of 2.7 points from November 2018. JetBlue’s preliminary completion factor for November 2019 was 99.9 percent and its on-time (1) performance was 80.4 percent. JetBlue expects fourth quarter revenue per available seat mile (RASM) to range between (3.5) and (1.5) percent, driven by softer than expected close-in yields in late November, combined with the negative impact of weather over the Thanksgiving holiday peak.
JETBLUE AIRWAYS TRAFFIC RESULTS
November 2019 | November 2018 | % Change | |||||||
Revenue passenger miles (000) | 4,258,447 | 4,106,313 | 3.7 | % | |||||
Available seat miles (000) | 5,269,418 | 4,918,656 | 7.1 | % | |||||
Load factor | 80.8 | % | 83.5 | % | -2.7 pts. | ||||
Revenue passengers | 3,399,650 | 3,385,594 | 0.4 | % | |||||
Departures | 30,278 | 29,893 | 1.3 | % | |||||
Average stage length (miles) | 1,138 | 1,102 | 3.3 | % | |||||
Y-T-D 2019 | Y-T-D 2018 | % Change | |||||||
Revenue passenger miles (000) | 49,013,552 | 46,435,461 | 5.6 | % | |||||
Available seat miles (000) | 58,253,158 | 54,527,968 | 6.8 | % | |||||
Load factor | 84.1 | % | 85.2 | % | -1.1 pts. | ||||
Revenue passengers | 39,100,702 | 38,613,612 | 1.3 | % | |||||
Departures | 336,999 | 334,961 | 0.6 | % | |||||
Average stage length (miles) | 1,138 | 1,093 | 4.1 | % |
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America, with an average of more than 1,000 daily flights. For more information, please visit jetblue.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191211005114/en/
Contacts:
Tel: +1.718.709.2202
ir@jetblue.com