JetBlue Airways Reports November Traffic

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The FINANCIAL — JetBlue Airways Corporation 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 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, according to JetBlue.

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.

 

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