JetBlue Airways May traffic up 3.8%

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for May 2017, the company said.

Traffic in May increased 3.8 percent from May 2016, on a capacity increase of 3.7 percent.

Load factor for May 2017 was 84.7 percent, an increase of 0.1 points from May 2016. JetBlue´s preliminary completion factor was 97.4 percent and its on-time (1) performance was 67.2 percent. For the second quarter of 2017 JetBlue continues to expect revenue per available seat mile (RASM) to increase between 4.0 and 6.0 percent compared to the second quarter of 2016.

JetBlue is a leading carrier in New York City, Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. It 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.