JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for April 2014. Traffic in April increased 6.1 percent from April 2013, on a capacity increase of 5.9 percent.
Load factor for April 2014 was 83.9 percent, an increase of 0.2 points from April 2013. JetBlue’s preliminary completion factor was 98.6 percent and its on-time (1) performance was 77.4 percent. JetBlue’s preliminary passenger revenue per available seat mile for the month of April increased 11 percent year over year.
JETBLUE AIRWAYS TRAFFIC RESULTS
| April 2014 | April 2013 | % Change | ||
| Revenue passenger miles (000) | 3,177,121 | 2,995,141 | 6.1% | |
| Available seat miles (000) | 3,786,371 | 3,577,046 | 5.9% | |
| Load factor | 83.9% | 83.7% | 0.2 pts. | |
| Revenue passengers | 2,689,260 | 2,552,702 | 5.3% | |
| Departures | 24,695 | 23,301 | 6.0% | |
| Average stage length | 1,099 | 1,106 | (0.6)% | |
| Y-T-D 2014 | Y-T-D 2013 | % Change | ||
| Revenue passenger miles (000) | 11,838,926 | 11,500,947 | 2.9% | |
| Available seat miles (000) | 14,205,489 | 13,717,420 | 3.6% | |
| Load factor | 83.3% | 83.8% | (0.5) pts. | |
| Revenue passengers | 10,021,955 | 9,852,566 | 1.7% | |
| Departures | 92,847 | 90,074 | 3.1% | |
| Average stage length | 1,096 | 1,095 | 0.1% | |
(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 AirlineTM, and a leading carrier in Boston, Fort Lauderdale/Hollywood, Los Angeles (Long Beach), Orlando and San Juan. JetBlue carries more than 30 million customers a year to 85 cities in the U.S., Caribbean and Latin America with an average of 825 daily flights. New service to Hyannis, Mass. begins this summer. With JetBlue, all seats are assigned, all fares are one-way, an overnight stay is never required and the first checked bag is free (subject to weight and size limits and exceptions for itineraries including flights marketed or operated by other airlines). For more information please visit JetBlue.com.
SOurce / Author: JetBlue Airways Corporation