NEW YORK, March 10, 2011 /PRNewswire/ -- JetBlue Airways Corporation (Nasdaq: JBLU) reported its preliminary traffic results for February 2011. Traffic in February increased 9.0 percent from February 2010, on a capacity increase of 1.4 percent.
Load factor for February 2011 was 80.1 percent, an increase of 5.6 points from February 2010. JetBlue's preliminary completion factor was 95.0 percent and its on-time (1) performance was 65.5 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of February increased 18 percent year over year. Approximately three points of this increase are attributable to the impact of severe weather in the Northeast at the beginning of the month, which resulted in a lower than expected completion factor. For the first quarter of 2011, PRASM is expected to increase between 14 and 16 percent year over year.
JETBLUE AIRWAYS TRAFFIC RESULTS
February 2011
February 2010
% Change
Revenue passenger miles (000)
2,082,893
1,911,455
9.0%
Available seat miles (000)
2,600,041
2,564,764
1.4%
Load factor
80.1%
74.5%
5.6 pts.
Revenue passengers
1,818,082
1,644,621
10.5%
Departures
17,295
16,536
4.6%
Average stage length
1,076
1,103
(2.5)%
Y-T-D 2011
Y-T-D 2010
% Change
Revenue passenger miles (000)
4,297,443
4,017,875
7.0%
Available seat miles (000)
5,368,011
5,407,980
(0.7)%
Load factor
80.1%
74.3%
5.8 pts.
Revenue passengers
3,732,465
3,412,488
9.4%
Departures
35,774
34,746
3.0%
Average stage length
1,075
1,107
(2.9)%
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
SOURCE JetBlue Airways