JetBlue Airways January Traffic up 13.3%
JetBlue Airways Corporation (Nasdaq: JBLU) reported its preliminary traffic results for January 2012. Traffic in January increased 13.3 percent from January 2011, on a capacity increase of 12.3 percent.
Load factor for January 2012 was 80.7 percent, an increase of 0.7 points from January 2011. JetBlue's preliminary completion factor was 99.7 percent and its on-time (1) performance was 81.1 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of January increased 10 percent year over year. For the month of February, PRASM is expected to increase between seven and eight percent year over year.
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