JetBlue Airways Reports July 2017 Traffic

JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for July 2017. Traffic in July increased 5.1 percent from July 2016, on a capacity increase of 5.9 percent.

Load factor for July 2017 was 87.1 percent, a decrease of 0.7 points from July 2016. JetBlue’s preliminary completion factor was 97.5 percent and its on-time (1) performance was 63.5 percent. JetBlue continues to expect third quarter revenue per available seat mile (RASM) to range between (0.5) percent and 2.5 percent compared to the third quarter of 2016.