JetBlue Load Factor For March 2015 Was 87.2%

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JetBlue Airways Corporation
JBLU
reported its preliminary traffic results for March 2015. Traffic in March increased 9.2 percent from March 2014, on a capacity increase of 6.2 percent. Load factor for March 2015 was 87.2 percent, an increase of 2.4 points from March 2014. JetBlue's preliminary completion factor was 98.0 percent and its on-time (1) performance was 71.5 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of March increased approximately eight percent year over year. Based on preliminary information for the first quarter of 2015, PRASM is expected to increase approximately 4.5% year over year, up from our prior guidance of between three and four percent due to stronger than expected close-in bookings and yield
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