Market Overview

JetBlue Airways Reports December Traffic

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JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for December 2019. Traffic in December 2019 increased 5.7 percent from December 2018, on a capacity increase of 4.4 percent. Load factor for December 2019 was 82.4 percent, an increase of 1.0 points from December 2018. JetBlue's preliminary completion factor for December 2019 was 99.3 percent and its on-time (1) performance was 66.7 percent.

Fourth quarter revenue per available seat mile (RASM) is expected to decrease approximately 2.7 percent year-over-year.

 

JETBLUE AIRWAYS TRAFFIC RESULTS

 

 

December 2019

December 2018

% Change

Revenue passenger miles (000)

4,603,228

 

4,354,643

 

5.7

%

Available seat miles (000)

5,587,522

 

5,352,847

 

4.4

%

Load factor

82.4

%

81.4

%

1.0 pts.

Revenue passengers

3,626,992

 

3,536,377

 

2.6

%

Departures

31,356

 

31,658

 

(1.0

)%

Average stage length (miles)

1,161

 

1,128

 

2.9

%

 

 

 

 

 

Y-T-D 2019

Y-T-D 2018

% Change

Revenue passenger miles (000)

53,616,780

 

50,790,104

 

5.6

%

Available seat miles (000)

63,840,680

 

59,880,815

 

6.6

%

Load factor

84.0

%

84.8

%

-0.8 pts.

Revenue passengers

42,727,694

 

42,149,989

 

1.4

%

Departures

368,355

 

366,619

 

0.5

%

Average stage length (miles)

1,140

 

1,096

 

4.0

%

(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 nearly 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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