The FINANCIAL — JetBlue Airways Corporation reported its preliminary traffic results for August 2016.
Traffic in August increased 6.2 percent from August 2015, on a capacity increase of 5.7 percent, according to JetBlue Airways.
Load factor for August 2016 was 87.4 percent, an increase of 0.4 points from August 2015. JetBlue’s preliminary completion factor was 98.7 percent and its on-time performance was 73.0 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of August decreased approximately five and a half percent year over year. For the third quarter of 2016, RASM is expected to decrease between three and four percent year over year.
Discussion about this post