JetBlue Airways Reports March TrafficSource: Business Wire
The following reflects revised guidance for the first quarter of 2019:
- First quarter RASM (a) is expected to decrease approximately 3.1 percent year-over-year, versus our prior guidance range of negative 1.5 to negative 3.5 percent. Higher than expected completion factor negatively impacted first quarter RASM by approximately 0.75 points.
- CASM ex-fuel (b) growth for the first quarter is expected to be at or below the lower end of our initial guidance range of 1.5 to 3.5 percent. Higher than expected completion factor similarly reduced CASM ex-fuel by approximately 0.75 points.
JetBlueexpects the price of jet fuel for the first quarter to range between $2.05 and $2.06per gallon. Our fuel consumption is expected to be broadly in line with our original guidance of 215 million gallons for the quarter.
(a) Revenue per available seat mile
(b) Operating cost per available seat mile, excluding fuel and related taxes, operating expenses related to other non-airline businesses, and special items
JETBLUE AIRWAYS TRAFFIC RESULTS
|March 2019||March 2018||% Change|
|Revenue passenger miles (000)||4,721,374||4,376,149||7.9||%|
|Available seat miles (000)||5,535,718||4,918,144||12.6||%|
|Load factor||85.3||%||89||%||-3.7 pts.|
|Average stage length (miles)||1,154||1,099||5.0||%|
|Y-T-D 2019||Y-T-D 2018||% Change|
|Revenue passenger miles (000)||12,734,121||11,866,145||7.3||%|
|Available seat miles (000)||15,436,999||14,024,559||10.1||%|
|Load factor||82.5||%||84.6||%||-2.1 pts.|
|Average stage length (miles)||1,153||1,098||5.0||%|
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