JetBlue Airways Reports August Traffic

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for August 2011. Traffic in August increased 5.8 percent from August 2010, on a capacity increase of 4.6 percent.

Load factor for August 2011 was 87.3 percent, an increase of 0.9 points from August 2010. JetBlue’s preliminary completion factor was 93.0 percent and its on-time (1) performance was 61.6 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of August increased seven percent year over year. For the third quarter, PRASM is expected to increase between six and eight percent year over year.