JETBLUE AIRWAYS REPORTS DECEMBER TRAFFIC
New York, NY (January 11, 2018) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for December 2017. Traffic in December increased 2.7 percent from December 2016, on a capacity increase of 4.4 percent.
Load factor for December 2017 was 82.7 percent, a decrease of 1.4 points from December 2016. JetBlue’s preliminary completion factor was 99.8 percent and its on-time (1) performance was 74.1 percent.
The following reflects revised guidance for the fourth quarter of 2017:
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| • | Fourth quarter revenue per available seat mile (RASM) is expected to increase approximately 1.8% year-over-year. |
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| • | CASM ex-fuel growth is expected to include approximately $23 million of additional expenses associated with the $1,000 bonus for each Crewmember, which will raise our previously provided guidance by 2.0 percentage points. |
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| • | JetBlue expects fuel cost per gallon of $1.89 to $1.92 in the fourth quarter. |
JETBLUE AIRWAYS TRAFFIC RESULTS
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| | December 2017 | December 2016 | % Change |
| Revenue passenger miles (000) | 4,079,287 |
| 3,970,702 |
| 2.7 | % |
| Available seat miles (000) | 4,931,590 |
| 4,721,577 |
| 4.4 | % |
| Load factor | 82.7 | % | 84.1 | % | (1.4) pts. |
|
| Revenue passengers | 3,430,346 |
| 3,376,983 |
| 1.6 | % |
| Departures | 30,659 |
| 29,667 |
| 3.3 | % |
| Average stage length (miles) | 1,091 |
| 1,087 |
| 0.4 | % |
| | | | |
| | Y-T-D 2017 | Y-T-D 2016 | % Change |
| Revenue passenger miles (000) | 47,239,706 |
| 45,618,635 |
| 3.6 | % |
| Available seat miles (000) | 56,007,224 |
| 53,619,536 |
| 4.5 | % |
| Load factor | 84.3 | % | 85.1 | % | (0.8) pts. |
|
| Revenue passengers | 40,038,090 |
| 38,263,104 |
| 4.6 | % |
| Departures | 353,681 |
| 337,302 |
| 4.9 | % |
| Average stage length (miles) | 1,072 |
| 1,093 |
| (1.9 | )% |
(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 40 million customers a year to 101 cities in the U.S., Caribbean, and Latin America with an average of 1,000 daily flights. For more information please visit jetblue.com.
CONTACTS
JetBlue Investor Relations
Tel: +1 718 709 2202
ir@jetblue.com
JetBlue Corporate Communications
Tel: +1 718 709 3089
corpcomm@jetblue.com
