JetBlue Airways (JBLU) Sept. Traffic Increases 10.8%, Capacity Up 7.9%

October 12, 2016 8:01 AM EDT

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JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for September 2016. Traffic in September increased 10.8 percent from September 2015, on a capacity increase of 7.9 percent.

Load factor for September 2016 was 83.2 percent, an increase of 2.1 points from September 2015. JetBlue’s preliminary completion factor was 99.5 percent and its on-time (1) performance was 78.7 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of September decreased approximately two percent year over year. For the third quarter of 2016, RASM is expected to decrease between three and four percent year over year, in line with prior expectations.

JETBLUE AIRWAYS TRAFFIC RESULTS

September 2016 September 2015 % Change
Revenue passenger miles (000) 3,432,671 3,097,703 10.8%
Available seat miles (000) 4,125,193 3,821,911 7.9%
Load factor 83.2% 81.1% 2.1 pts.
Revenue passengers 2,918,173 2,634,191 10.8%
Departures 26,574 24,966 6.4%
Average stage length (miles) 1,063 1,068 -0.5%
Y-T-D 2016 Y-T-D 2015 % Change
Revenue passenger miles (000) 34,434,123 31,156,543 10.5%
Available seat miles (000) 40,421,330 36,632,481 10.3%
Load factor 85.2% 85.1% 0.1 pts.
Revenue passengers 28,731,032 26,189,651 9.7%
Departures 253,325 236,370 7.2%
Average stage length (miles) 1,099 1,092 0.6%
(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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