JetBlue Airways Reports February Traffic

JetBlue Airways Corporation (NASDAQ:JBLU) reported traffic in February 2017 increased 0.1% from February 2016, on a capacity increase of 0.7%, the airline said.

Load factor for February 2017 was 82.6%, a decrease of 0.5 points from February 2016. The carrier´s preliminary completion factor was 95.6% and its on-time performance was 72.3%.

JetBlue´s preliminary revenue per available seat mile (RASM) for the month of February increased approximately 1.5% year over year. Excluding the impact of winter storms Niko and Orson, February RASM decreased approximately 0.5%.

For the first quarter of 2017, RASM is expected to decrease 4-5% year over year. March RASM is expected to be negatively impacted by approximately 6 percentage points due to Easter calendar placement.

JetBlue carries more than 38 million customers a year to 100 cities in the U.S., Caribbean, and Latin America with an average of 1,000 daily flights.