JetBlue Airways Corporation Announces Operating Results for the Month and Year to Date Ended December 2018; Provides Operating Guidance for the Fourth Quarter of 2018
For the year to date, the company's revenue passenger's miles were 50,790,104,000 compared to 47,239,706,000 a year ago. Available seat miles were 59,880,815,000 compared to 56,007,224,000 a year ago. Load factor was 84.8% compared to 84.3% a year ago. Revenue passenger were 42,149,989 compared to 40,038,090 a year ago.
Fourth quarter revenue per available seat mile (RASM) is expected to increase approximately 2.4% year-over-year. This is consistent with its prior guidance range of 1.5% to 3.5%. December revenue trends performed as expected. Higher than expected completion factor negatively impacted fourth quarter RASM by approximately 0.3 points.