JetBlue Airways Corporation [NASDAQ: JBLU] reported its preliminary traffic results for April 2012. Traffic in April increased 14.5 percent from April 2011, on a capacity increase of 7.1 percent.
Load factor for April 2012 was 85.2 percent, an increase of 5.5 points from April 2011. JetBlue's preliminary completion factor was 99.9 percent and its on-time (1) performance was 86.7 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of April increased nine percent year over year. For the month of May, PRASM is expected to increase between three and four percent year over year.
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
JetBlue is New York's Hometown Airline(TM) with other focus cities in Boston, Fort Lauderdale, Los Angeles, and Orlando. Known for its award-winning service and free TV as much as its low fares, JetBlue offers the most legroom in coach of any U.S. airline and super-spacious Even More Space seats. JetBlue is also America's first and only airline to offer its own Customer Bill of Rights, with meaningful and specific compensation for customers inconvenienced by service disruptions within JetBlue's control. Visit www.jetblue.com/promise for details. JetBlue serves 71 cities with 700 daily flights. With JetBlue, all seats are assigned, all fares are one-way, and an overnight stay is never required. For information or reservations call 1-800-JETBLUE (1-800-538-2583), TTY/TDD 1-800-336-5530 or visit www.jetblue.com.
