JetBlue Airways June traffic up 3.2% YoY

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for June 2017, showing that traffic increased 3.2 percent from June 2016, on a capacity increase of 4.0 percent, the company said.

Load factor for June 2017 was 85.5 percent, a decrease of 0.7 points from June 2016. JetBlue´s preliminary completion factor was 97.5 percent and its on-time (1) performance was 60.6 percent.

Second quarter revenue per available seat mile (RASM) is expected to increase approximately 7 percent compared to the second quarter of 2016. Second quarter RASM was positively impacted by 1.25 points due to lower completion factor and incentive payments related to the JetBlue co-branded credit card.

JetBlue is New York´s Hometown Airline®, and a carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 38 million customers a year to 101 cities in the US, Caribbean, and Latin America with an average of 1,000 daily flights.