JetBlue Airways Reports August 2018 Traffic

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for August 2018. Traffic in August increased 6.7 percent from August 2017, on a capacity increase of 4.8 percent.

Load factor for August 2018 was 88.7 percent, an increase of 1.6 points from August 2017. JetBlue’s preliminary completion factor was 97.4 percent and its on-time (1) performance was 66.7 percent. JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between 1.0 to 3.0 percent. As reported on September 5th, our updated RASM guidance largely reflects strong close-in demand.

 

JETBLUE AIRWAYS TRAFFIC RESULTS

 
  August 2018     August 2017     % Change
Revenue passenger miles (000) 4,720,305 4,423,182 6.7%
Available seat miles (000) 5,319,963 5,077,985 4.8%
Load factor 88.7

%

 

87.1

%

 

1.6 pts.
Revenue passengers 3,908,398 3,699,807 5.6%
Departures 32,576 31,794 2.5%
Average stage length (miles) 1,093 1,076 1.6%
 
Y-T-D 2018 Y-T-D 2017 % Change
Revenue passenger miles (000) 34,384,152 32,432,253 6.0%
Available seat miles (000) 39,833,204 38,042,092 4.7%
Load factor 86.3

%

 

85.3

%

 

1.0 pts.

Revenue passengers 28,652,079 27,476,236 4.3%
Departures 245,015 239,840 2.2%
Average stage length (miles) 1,093 1,075 1.7%
 

(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.