JetBlue Airways (JBLU) Reports July Load Factor of 88.3%

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for July 2014. Traffic in July increased 4.3 percent from July 2013, on a capacity increase of 3.5 percent.

Load factor for July 2014 was 88.3 percent, an increase of 0.7 points from July 2013. JetBlue's preliminary completion factor was 97.0 percent and its on-time (1) performance was 65.8 percent. JetBlue's preliminary passenger revenue per available seat mile for the month of July increased one percent year over year.

JETBLUE AIRWAYS TRAFFIC RESULTS                       

                                                                            

                                    July 2014     July 2013      % Change   

                                                                            

Revenue passenger miles (000)         3,673,398     3,521,806           4.3%

                                                                            

Available seat miles (000)            4,161,374     4,020,022           3.5%

                                                                            

Load factor                                88.3%         87.6%     0.7 pts. 

                                                                            

Revenue passengers                    3,089,148     2,949,580           4.7%

                                                                            

Departures                               27,085        26,295           3.0%

                                                                            

Average stage length                      1,095         1,091           0.4%

                                                                            

                                    Y-T-D 2014    Y-T-D 2013     % Change   

                                                                            

Revenue passenger miles (000)        21,967,332    21,142,883           3.9%

                                                                            

Available seat miles (000)           25,966,595    24,901,263           4.3%

                                                                            

Load factor                                84.6%         84.9%   (0.3) pts. 

                                                                            

Revenue passengers                   18,601,136    18,002,410           3.3%

                                                                            

Departures                              170,154       163,790           3.9%

                                                                            

Average stage length                      1,092         1,090           0.2%

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