Market Overview

JetBlue Airways Reports February Traffic

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JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary
traffic results for February 2019. Traffic in February increased 6.0
percent from February 2018, on a capacity increase of 7.5 percent.

Load factor for February 2019 was 81.5 percent, a decrease of 1.1 points
from February 2018. JetBlue's preliminary completion factor for February
2019 was 98.5 percent and its on-time (1) performance was
70.0 percent. JetBlue continues to expect first quarter revenue per
available seat mile (RASM) to range between (3.5) and (1.5) percent.

 

JETBLUE AIRWAYS TRAFFIC RESULTS

             
February 2019 February 2018 % Change
Revenue passenger miles (000) 3,913,690 3,691,600 6.0 %
Available seat miles (000) 4,804,079 4,467,297 7.5 %
Load factor 81.5 % 82.6 % -1.1 pts.
Revenue passengers 3,123,054 3,071,029 1.7 %
Departures 27,638 27,271 1.3 %
Average stage length (miles) 1,159 1,104 5.0 %
 
Y-T-D 2019 Y-T-D 2018 % Change
Revenue passenger miles (000) 8,012,747 7,489,996 7.0 %
Available seat miles (000) 9,901,281 9,106,415 8.7 %
Load factor 80.9 % 82.2 % -1.3 pts.
Revenue passengers 6,381,438 6,229,369 2.4 %
Departures 57,231 55,867 2.4 %
Average stage length (miles) 1,152 1,098 4.9 %
 

(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
1,000 daily flights. For more information please visit jetblue.com.

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