JetBlue Airways April Traffic up 14.5% YoY

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for April 2012. Traffic in April increased 14.5 percent from April 2011, on a capacity increase of 7.1 percent.

Load factor for April 2012 was 85.2 percent, an increase of 5.5 points from April 2011. JetBlue's preliminary completion factor was 99.9 percent and its on-time (1) performance was 86.7 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of April increased nine percent year over year. For the month of May, PRASM is expected to increase between three and four percent year over year.

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.