Join        Login             Stock Quote

JetBlue Airways (JBLU) December Traffic, Capacity Up 6 Pct; Load Factor Falls

 January 11, 2013 02:24 PM

(By Balachander) JetBlue Airways Corp. (NASDAQ: JBLU) reported an increase in traffic and capacity for the month of December, while load factor declined.

The New York-based airliner said revenue passenger miles (RPMs) - a measure of traffic - rose 6.1 percent to about 2.87 billion from the year-ago period. Available seat miles (ASMs) - a measure of capacity - also increased 6.1 percent to around 3.58 billion.

Load factor, or the percentage of seats filled, fell 0.1 points to 80.1 percent last month from 80.2 percent a year earlier.

JetBlue said its preliminary completion factor was 99.6 percent and its on-time performance was 70.2 percent.

[Related -Why I'm Eyeing Airline Stocks]

The airline's preliminary passenger revenue per available seat mile (PRASM) increased 2 percent last month.

For the year-to-date period, RPMs jumped 9.3 percent and ASMs rose 7.6 percent. Load factor added 1.4 points to 83.8 percent.

JBLU shares, which have been trading in the range of $4.06 to $6.32 for the past 52 weeks, gained 0.52 percent to trade at $5.84 on Friday.

iOnTheMarket Premium


Post Comment -- Login is required to post message
Alert for new comments:
Your email:
Your Website:

rss feed

Latest Stories

article imageTwo Picks to Play Defense in a Slowing Economy

Is the economy slowing? Last Thursday the Institute for Supply Management (ISM) reported that its read on...

article imageUS Jobless Claims Fall, Moving Closer To Multi-Decade Low… Again

US jobless claims continue to cast a positive glow on the outlook for the labor market. Today’s weekly read on...

article imageLong-term Relationships and Credit Scores

Unlike many commentators, I tend to think credit scores are a good read on...

article imageIn Defense Of Rolling Return Charts

Robeco’s Lukas Daalder has a bit of an issue with rolling-performance graphics. Bashing a recent chart of read on...

Popular Articles

Daily Sector Scan
Partner Center

Related Articles:

Is Europe Ready To Take Off?
More Articles on: Transportation

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.