SOURCE: JetBlue

December 10, 2015 16:05 ET

JetBlue Airways Reports November Traffic

NEW YORK, NY--(Marketwired - December 10, 2015) - JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2015. Traffic in November increased 14.2 percent from November 2014, on a capacity increase of 10.7 percent.

Load factor for November 2015 was 83.9 percent, an increase of 2.5 points from November 2014. JetBlue's preliminary completion factor was 99.5 percent and its on-time (1) performance was 83.0 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of November increased approximately two percent year over year. For the fourth quarter of 2015, PRASM is expected to decrease between two and three percent year over year. PRASM is negatively impacted in the quarter by the timing of year-end Holidays and a higher completion factor than expected, due to better operational performance and more favorable winter weather than anticipated.

 
JETBLUE AIRWAYS TRAFFIC RESULTS
 
   November 2015  November 2014  % Change
       
Revenue passenger miles (000)  3,399,688  2,977,961  14.2%
       
Available seat miles (000)  4,052,314  3,659,781  10.7%
       
Load factor  83.9%  81.4%  2.5 pts.
       
Revenue passengers  2,879,581  2,545,034  13.2%
       
Departures  25,764  23,931  7.7%
       
Average stage length  1,090  1,085  0.5%
       
   Y-T-D 2015  Y-T-D 2014  % Change
       
Revenue passenger miles (000)  37,911,143  34,399,037  10.2%
       
Available seat miles (000)  44,678,567  40,810,905  9.5%
       
Load factor  84.9%  84.3%  0.6 pt.
       
Revenue passengers  31,942,652  29,221,820  9.3%
       
Departures  288,003  268,026  7.5%
       
Average stage length  1,090  1,086  0.4%
       

(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.

JetBlue is New York's Hometown Airline™, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 32 million customers a year to 93 cities in the U.S., Caribbean, and Latin America with an average of 900 daily flights. For more information please visit JetBlue.com.

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