JetBlue announces December and complete 2010 traffic figures

JetBlue Airways has reported its preliminary traffic results for December 2010 and for the whole of the last calendar year.

In December 2010, the carrier generated 2,363,988,000 revenue passenger miles (RPMs), compared with 2,280,201,000 in December 2009, a 3.7% increase. Available seat miles (ASMs) were increased by 1.1% to 2,879,697,000 from 2,848,699,000 for the respective periods.

The load factor in December 2010 consequently rose by 2.1 percentage points to 82.1% from 80.0% the previous December. Revenue passengers carried in the month totalled 2,040,267, a 4.1% increase over December 2009’s total of 1,960,367.

Over the complete year, JetBlue’s RPMs totalled 28,279,450,000, compared with 25,955,397,000 in 2009, a 9.0% increase. ASMs were up by 6.7% at 34,743,749,000 against 2009’s figure of 32,557,502,000.

The load factor thus increased to 81.4%, 1.7 pp up on 2009’s load factor of 79.7%. The total of revenue passengers carried went up by 8.0% in 2010 to 24,253,933 from 22,449,945 in 2009.

"JetBlue’s operating performance was adversely impacted by snowstorms in the Northeast [USA] during the last week of December, resulting in the cancellation of approximately 1,400 flights over a five-day period," noted Dave Barger, JetBlue’s CEO. "Due to high load factors over the peak holiday travel period, we were unable to re-accommodate many customers on other flights and recapture revenue. Despite these challenges, JetBlue’s crewmembers did an excellent job of taking care of our customers."

JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for December increased by 3% year-over-year and was primarily impacted by two items. The severe weather in northeast USA reduced JetBlue’s passenger revenue by approximately $30 million, which is included in the December PRASM estimate, and reduced operating income for the fourth quarter by about $25 million.

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