JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for April 2019. Traffic in April increased 6.6 percent from April 2018, on a capacity increase of 7.4 percent.
Load factor for April 2019 was 85.1 percent, a decrease of 0.6 points from April 2018. JetBlue’s preliminary completion factor for April 2019 was 98.6 percent and its on-time (1) performance was 73.4 percent. JetBlue continues to expect second quarter revenue per available seat mile (RASM) to range between 1.0 and 4.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS | |||||||||||||
| April 2019 | April 2018 | % Change | |||||||||||
| Revenue passenger miles (000) | 4,586,591 | 4,301,561 | 6.6 | % | |||||||||
| Available seat miles (000) | 5,392,113 | 5,020,145 | 7.4 | % | |||||||||
| Load factor | 85.1 | % | 85.7 | % | -0.6 pts. | ||||||||
| Revenue passengers | 3,666,482 | 3,603,368 | 1.8 | % | |||||||||
| Departures | 31,152 | 30,885 | 0.9 | % | |||||||||
| Average stage length (miles) | 1,156 | 1,098 | 5.3 | % | |||||||||
| Y-T-D 2019 | Y-T-D 2018 | % Change | |||||||||||
| Revenue passenger miles (000) | 17,320,712 | 16,167,706 | 7.1 | % | |||||||||
| Available seat miles (000) | 20,829,112 | 19,044,704 | 9.4 | % | |||||||||
| Load factor | 83.2 | % | 84.9 | % | -1.7 pts. | ||||||||
| Revenue passengers | 13,831,495 | 13,484,153 | 2.6 | % | |||||||||
| Departures | 120,388 | 116,931 | 3.0 | % | |||||||||
| Average stage length (miles) | 1,154 | 1,098 | 5.1 | % | |||||||||
(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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