JetBlue Airways January Traffic Up 11.7%, Capacity Rises 10.8%

(RTTNews) - JetBlue Airways Corp. (JBLU) reported that its traffic for the month of January 2016 increased 11.7 percent from January 2015, on a capacity increase of 10.8 percent.

Load factor for January 2016 was 82.6 percent, an increase of 0.7 points from January 2015.

JetBlue's preliminary completion factor was 96.1 percent and its on-time ) performance was 69.4 percent.

JetBlue's preliminary revenue per available seat mile (RASM) for the month of January decreased approximately 3.5 percent year over year, which includes a positive impact of about two points from winter storm Jonas.

JetBlue now expects year over year available seat mile growth in the first quarter of 2016 to be between 13 and 15 percent, down from prior guidance of 14 to 16 percent due to winter storms.