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Share Name | Share Symbol | Market | Type |
---|---|---|---|
JetBlue Airways Corporation | NASDAQ:JBLU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.11 | 1.90% | 5.91 | 5.90 | 5.91 | 5.93 | 5.74 | 5.80 | 12,278,094 | 21:48:53 |
JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2019. Traffic in November 2019 increased 3.7 percent from November 2018, on a capacity increase of 7.1 percent. Load factor for November 2019 was 80.8 percent, a decrease of 2.7 points from November 2018. JetBlue’s preliminary completion factor for November 2019 was 99.9 percent and its on-time (1) performance was 80.4 percent. JetBlue expects fourth quarter revenue per available seat mile (RASM) to range between (3.5) and (1.5) percent, driven by softer than expected close-in yields in late November, combined with the negative impact of weather over the Thanksgiving holiday peak.
JETBLUE AIRWAYS TRAFFIC RESULTS
November 2019
November 2018
% Change
Revenue passenger miles (000)
4,258,447
4,106,313
3.7
%
Available seat miles (000)
5,269,418
4,918,656
7.1
%
Load factor
80.8
%
83.5
%
-2.7 pts.
Revenue passengers
3,399,650
3,385,594
0.4
%
Departures
30,278
29,893
1.3
%
Average stage length (miles)
1,138
1,102
3.3
%
Y-T-D 2019
Y-T-D 2018
% Change
Revenue passenger miles (000)
49,013,552
46,435,461
5.6
%
Available seat miles (000)
58,253,158
54,527,968
6.8
%
Load factor
84.1
%
85.2
%
-1.1 pts.
Revenue passengers
39,100,702
38,613,612
1.3
%
Departures
336,999
334,961
0.6
%
Average stage length (miles)
1,138
1,093
4.1
%
(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 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America, with an average of more than 1,000 daily flights. For more information, please visit jetblue.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191211005114/en/
JetBlue Investor Relations Tel: +1.718.709.2202 ir@jetblue.com
JetBlue Corporate Communications Tel: +1.718.709.3089 corpcomm@jetblue.com
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