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JetBlue Airways Reports December 2017 Traffic

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for December 2017. Traffic in December increased 2.7 percent from December 2016, on a capacity increase of 4.4 percent.

Load factor for December 2017 was 82.7 percent, a decrease of 1.4 points from December 2016. JetBlue’s preliminary completion factor was 99.8 percent and its on-time (1) performance was 74.1 percent.

The following reflects revised guidance for the fourth quarter of 2017:

                           

JETBLUE AIRWAYS TRAFFIC RESULTS

                           
        December 2017     December 2016     % Change
Revenue passenger miles (000)       4,079,287       3,970,702       2.7 %
Available seat miles (000)       4,931,590       4,721,577       4.4 %
Load factor       82.7 %     84.1 %     (1.4) pts.
Revenue passengers       3,430,346       3,376,983       1.6 %
Departures       30,659       29,667       3.3 %
Average stage length (miles)       1,091       1,087       0.4 %
                           
        Y-T-D 2017     Y-T-D 2016     % Change
Revenue passenger miles (000)       47,239,706       45,618,635       3.6 %
Available seat miles (000)       56,007,224       53,619,536       4.5 %
Load factor       84.3 %     85.1 %     (0.8) pts.
Revenue passengers       40,038,090       38,263,104       4.6 %
Departures       353,681       337,302       4.9 %
Average stage length (miles)       1,072       1,093       (1.9 )%
                           

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

Posted by on January 11, 2018.

Categories: Travel Industry News

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