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Business Wire 10-Apr-2019 6:00 AM
JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for March 2019. Traffic in March increased 7.9 percent from March 2018, on a capacity increase of 12.6 percent. Load factor for March 2019 was 85.3 percent, a decrease of 3.7 points from March 2018. JetBlue's preliminary completion factor for March 2019 was 98.4 percent and its on-time (1) performance was 73.8 percent.
The following reflects revised guidance for the first quarter of 2019:
JETBLUE AIRWAYS TRAFFIC RESULTS |
|||||||||
March 2019 | March 2018 | % Change | |||||||
Revenue passenger miles (000) | 4,721,374 | 4,376,149 | 7.9 | % | |||||
Available seat miles (000) | 5,535,718 | 4,918,144 | 12.6 | % | |||||
Load factor | 85.3 | % | 89 | % | -3.7 pts. | ||||
Revenue passengers | 3,783,575 | 3,651,416 | 3.6 | % | |||||
Departures | 32,005 | 30,179 | 6.1 | % | |||||
Average stage length (miles) | 1,154 | 1,099 | 5.0 | % | |||||
Y-T-D 2019 | Y-T-D 2018 | % Change | |||||||
Revenue passenger miles (000) | 12,734,121 | 11,866,145 | 7.3 | % | |||||
Available seat miles (000) | 15,436,999 | 14,024,559 | 10.1 | % | |||||
Load factor | 82.5 | % | 84.6 | % | -2.1 pts. | ||||
Revenue passengers | 10,165,013 | 9,880,785 | 2.9 | % | |||||
Departures | 89,236 | 86,046 | 3.7 | % | |||||
Average stage length (miles) | 1,153 | 1,098 | 5.0 | % | |||||
(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.
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