Market Overview

JetBlue Airways Reports November Traffic

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JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for November 2019. Traffic in November 2019 increased 3.7 percent from November 2018, on a capacity increase of 7.1 percent. Load factor for November 2019 was 80.8 percent, a decrease of 2.7 points from November 2018. JetBlue's preliminary completion factor for November 2019 was 99.9 percent and its on-time (1) performance was 80.4 percent. JetBlue expects fourth quarter revenue per available seat mile (RASM) to range between (3.5) and (1.5) percent, driven by softer than expected close-in yields in late November, combined with the negative impact of weather over the Thanksgiving holiday peak.

JETBLUE AIRWAYS TRAFFIC RESULTS

 

 

November 2019

 

November 2018

 

% Change

Revenue passenger miles (000)

 

4,258,447

 

 

4,106,313

 

 

3.7

%

Available seat miles (000)

 

5,269,418

 

 

4,918,656

 

 

7.1

%

Load factor

 

80.8

%

 

83.5

%

 

-2.7 pts.

Revenue passengers

 

3,399,650

 

 

3,385,594

 

 

0.4

%

Departures

 

30,278

 

 

29,893

 

 

1.3

%

Average stage length (miles)

 

1,138

 

 

1,102

 

 

3.3

%

 

 

 

 

 

 

 

 

 

Y-T-D 2019

 

Y-T-D 2018

 

% Change

Revenue passenger miles (000)

 

49,013,552

 

 

46,435,461

 

 

5.6

%

Available seat miles (000)

 

58,253,158

 

 

54,527,968

 

 

6.8

%

Load factor

 

84.1

%

 

85.2

%

 

-1.1 pts.

Revenue passengers

 

39,100,702

 

 

38,613,612

 

 

1.3

%

Departures

 

336,999

 

 

334,961

 

 

0.6

%

Average stage length (miles)

 

1,138

 

 

1,093

 

 

4.1

%

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

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