JetBlue results

Victoria
By Victoria March 13, 2012 22:37

JetBlue results

JetBlue Airways Corporation reported its preliminary traffic results for February 2012. Traffic in February increased 17.4% from February 2011, on a capacity increase of 15.5%. Load factor for February 2012 was 81.4%, an increase of 1.3 percentage points from February 2011. JetBlue’s preliminary completion factor was 99.8% and its on-time performance was 84.3. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of February increased 6% year on year. For the month of March, PRASM is expected to increase between 6.5 and 7.5% on last year. These are a very good set of figures in this market and show that the US airlines are well set for good profits should oil increases slow or reverse during 2012.

Victoria
By Victoria March 13, 2012 22:37
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