JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary
traffic results for January 2016. Traffic in January increased 11.7
percent from January 2015, on a capacity increase of 10.8 percent.
Load factor for January 2016 was 82.6 percent, an increase of 0.7 points
from January 2015. JetBlue’s preliminary completion factor was 96.1
percent and its on-time (1) performance was 69.4 percent. JetBlue’s
preliminary revenue per available seat mile (RASM) for the month of
January decreased approximately 3.5 percent year over year, which
includes a positive impact of about two points from winter storm Jonas.
JetBlue now expects year over year available seat mile growth in the
first quarter of 2016 to be between 13 and 15 percent, down from prior
guidance of 14 to 16 percent due to winter storms.
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JETBLUE AIRWAYS TRAFFIC RESULTS
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January 2016
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January 2015
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% Change
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Revenue passenger miles (000)
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3,555,862
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3,183,017
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11.7%
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Available seat miles (000)
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4,306,365
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3,885,588
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10.8%
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Load factor
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82.6%
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81.9%
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0.7 pts.
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Revenue passengers
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2,947,210
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2,659,113
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10.8%
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Departures
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27,032
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25,107
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7.7%
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Average stage length (miles)
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1,103
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1,098
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0.5%
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(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 35 million customers a year to
95 cities in the U.S., Caribbean, and Latin America with an average of
900 daily flights. For more information please visit JetBlue.com.
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Copyright Business Wire 2016