JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for June 2017. Traffic in June increased 3.2 percent from June 2016, on a capacity increase of 4.0 percent.
Load factor for June 2017 was 85.5 percent, a decrease of 0.7 points from June 2016. JetBlue’s preliminary completion factor was 97.5 percent and its on-time (1) performance was 60.6 percent. Second quarter revenue per available seat mile (RASM) is expected to increase approximately 7 percent compared to the second quarter of 2016. Second quarter RASM was positively impacted by 1.25 points due to lower completion factor and incentive payments related to the JetBlue co-branded credit card.