JetBlue Releases August Metrics

Before you go, we thought you'd like these...
Before you go close icon

JetBlue saw the summer out in style. The company has released its key operating metrics for August, and they're generally higher on a year-over-year basis. Revenue passenger miles grew by 6.2% in that time frame to reach almost 3.5 billion. Available seat miles came in at slightly more than 4 billion, which was 7.2% higher than the August 2012 figure. The total number of revenue passengers advanced at a 4.8% clip to 2.9 million.

One metric that was down compared to the year-ago period was load factor (i.e., the average "occupancy" of the company's planes). For JetBlue, this was 86.8% last month, a decline of 0.8 percentage points from the 87.6% of August 2012.

The article JetBlue Releases August Metrics originally appeared on

Fool contributor Eric Volkman has no position in JetBlue, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

People are Reading