JetBlue Airways Reports November Traffic

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2013. Traffic in November increased 0.9 percent from November 2012, on a capacity increase of 5.1 percent.

Load factor for November 2013 was 78.3 percent, a decrease of 3.2 points from November 2012. JetBlue’s preliminary completion factor was 99.6 percent and its on-time (1) performance was 84.8 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of November decreased two percent year over year. For the month of December, PRASM is expected to increase between 13 and 14 percent year over year.

JETBLUE AIRWAYS TRAFFIC RESULTS
November 2013 November 2012 % Change
Revenue passenger miles (000) 2,703,553 2,678,368 0.9%
Available seat miles (000) 3,452,311 3,285,990 5.1%
Load factor 78.3% 81.5% (3.2) pts
Revenue passengers 2,313,482 2,339,666 (1.1)%
Departures 22,810 21,690 5.2%
Average stage length 1,091 1,088 0.3%
Y-T-D 2013 Y-T-D 2012 % Change
Revenue passenger miles (000) 32,602,921 30,695,535 6.2%
Available seat miles (000) 38,923,152 36,496,946 6.6%
Load factor 83.8% 84.1% (0.3) pts
Revenue passengers 27,757,505 26,473,259 4.9%
Departures 256,982 241,183 6.6%
Average stage length 1,087 1,084 0.3%

(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.

Source / Author: JetBlue Airways