JetBlue Airways (JBLU) PRASM Rose 3% in July

August 10, 2012 2:01 PM EDT
JetBlue Airways Corporation (Nasdaq: JBLU) reported its preliminary traffic results for July 2012. Traffic in July increased 7.1 percent from July 2011, on a capacity increase of 5.5 percent.

Load factor for July 2012 was 87.2 percent, an increase of 1.3 points from July 2011. JetBlue's preliminary completion factor was 99.3 percent and its on-time (1) performance was 75.5 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of July increased three percent year over year. For the month of August, PRASM is expected to increase between two and three percent year over year.

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