JetBlue Airways Reports May Traffic

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for May 2014. Traffic in May increased 7.0 percent from May 2013, on a capacity increase of 7.0 percent.

Load factor for May 2014 was 85.2 percent, an increase of 0.1 points from May 2013. JetBlue’s preliminary completion factor was 97.6 percent and its on-time (1) performance was 77.3 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of May increased four percent year over year. For the second quarter of 2014, PRASM is expected to increase between six and seven percent year over year.

JETBLUE AIRWAYS TRAFFIC RESULTS

May 2014 May 2013 % Change
Revenue passenger miles (000) 3,199,276 2,989,754 7.0%
Available seat miles (000) 3,755,844 3,511,716 7.0%
Load factor 85.2% 85.1% 0.1 pts.
Revenue passengers 2,736,782 2,562,985 6.8%
Departures 24,952 23,408 6.6%
Average stage length 1,077 1,072 0.5%
Y-T-D 2014 Y-T-D 2013 % Change
Revenue passenger miles (000) 15,038,202 14,490,701 3.8%
Available seat miles (000) 17,961,332 17,229,136 4.2%
Load factor 83.7% 84.1% (0.4) pts.
Revenue passengers 12,758,737 12,415,551 2.8%
Departures 117,799 113,482 3.8%
Average stage length 1,092 1,091 0.1%

(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