JetBlue reports second quarter results

JetBlue has reported second quarter operating revenues of $1.6 billion. Revenue passenger miles for the second quarter increased 10.3% to 11.6 billion on a capacity increase of 11.1%, resulting in a second quarter load factor of 85.0%, a 0.6 point decrease year over year. Yield per passenger mile in the second quarter was 12.87 cents, down 9.9% compared to the second quarter of 2015. Passenger revenue per available seat mile (PRASM) for the second quarter 2016 decreased 10.5% year over year to 10.94 cents and operating revenue per available seat mile (RASM) decreased 8.2% year over year to 12.09 cents.