JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for January 2019. Traffic in January increased 7.9 percent from January 2018, on a capacity increase of 9.9 percent.
Load factor for January 2019 was 80.4 percent, a decrease of 1.5 points from January 2018. JetBlues preliminary completion factor for January 2019 was 96.0 percent and its on-time (1) performance was 69.4 percent. JetBlue continues to expect first quarter revenue per available seat mile (RASM) to range between (2.0) and 1.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
|January 2019||January 2018||% Change|
|Revenue passenger miles (000)||4,099,057||3,798,396||7.9||%|
|Available seat miles (000)||5,097,202||4,639,118||9.9||%|
|Load factor||80.4||%||81.9||%||-1.5 pts.|
|Average stage length (miles)||1,146||1,092||4.9||%|
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
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