JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for January 2017. Traffic in January increased 8.6 percent from January 2016, on a capacity increase of 7.7 percent.
Load factor for January 2017 was 83.3 percent, an increase of 0.7 points from January 2016. JetBlue’s preliminary completion factor was 97.9 percent and its on-time (1) performance was 72.8 percent. JetBlue’s preliminary revenue per available seat mile for the month of January decreased approximately 8.5 percent year over year. January revenue per available seat mile was negatively impacted by approximately 5 points due to holiday placement and the impact of winter weather last year.
JETBLUE AIRWAYS TRAFFIC RESULTS | |||||||||||
January 2017 | January 2016 | % Change | |||||||||
Revenue passenger miles (000) | 3,863,193 | 3,555,862 | 8.6% | ||||||||
Available seat miles (000) | 4,636,641 | 4,306,365 | 7.7% | ||||||||
Load factor | 83.3% | 82.6% | 0.7 pts. | ||||||||
Revenue passengers | 3,290,528 | 2,947,210 | 11.6% | ||||||||
Departures | 29,329 | 27,032 | 8.5% | ||||||||
Average stage length (miles) | 1,078 | 1,103 | -2.3% | ||||||||
(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 38 million customers a year to 100 cities in the U.S., Caribbean, and Latin America with an average of 925 daily flights. For more information please visit jetblue.com.
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