JetBlue Airways Reports December Traffic

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for December 2019. Traffic in December 2019 increased 5.7 percent from December 2018, on a capacity increase of 4.4 percent. Load factor for December 2019 was 82.4 percent, an increase of 1.0 points from December 2018. JetBlue’s preliminary completion factor for December 2019 was 99.3 percent and its on-time ⁽¹⁾ performance was 66.7 percent.

Fourth quarter revenue per available seat mile (RASM) is expected to decrease approximately 2.7 percent year-over-year.

JETBLUE AIRWAYS TRAFFIC RESULTS
	December 2019		December 2018		% Change
Revenue passenger miles (000)	4,603,228		4,354,643		5.7	%
Available seat miles (000)	5,587,522		5,352,847		4.4	%
Load factor	82.4	%	81.4	%	1.0 pts.
Revenue passengers	3,626,992		3,536,377		2.6	%
Departures	31,356		31,658		(1.0	)%
Average stage length (miles)	1,161		1,128