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Showing posts with label traffic. Show all posts
Showing posts with label traffic. Show all posts

Friday, June 10, 2011

JetBlue Airways Reports May Traffic Up 10.6%

- JetBlue Airways Reports May Traffic Up 10.6%



Jun 10, 2011

JetBlue Airways Corporation (NASDAQ:JBLU) reported today that May traffic increased 10.6% to 2.54 billion revenue passenger miles, up 2.30 billion RPMs in May of 2010.

The airline's total capacity increased 8.9% in the month, resulting in a 1.3-point increase in load factor to 82.6%.

The company's preliminary completion factor was 99.6%, while its on-time performance was 76.2%.

Year to date, JetBlue's traffic is up 7.6% over the first five months of 2010, with capacity up 3.9% and load factor up 2.8 points to 81.3%.

JetBlue Airways has a potential upside of 33.6% based on a current price of $5.52 and an average consensus analyst price target of $7.38.

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Tuesday, June 7, 2011

Delta Air Lines Reports Generally Higher May Traffic, Surpassing American Airlines

- Delta Air Lines Reports Generally Higher May Traffic, Surpassing American Airlines



Jun 7, 2011

Delta Air Lines (DAL) today posted its May traffic results, with system traffic up 2.2% from the year-ago month on a 2.2% increase in capacity making it the world's largest carrier by traffic, surpassing American Airlines. Load factor is still at 83.9%, which is flat with last year.

Domestic traffic also increased by 1.9% versus last year on a 0.4% increase in capacity. Load factor for domestic increased to 85.1%. International traffic is up 2.6% versus last year on a 5% capacity increase, with load factor down 2 points to 82.2%.

The higher traffic is due to the consolidation of Delta's subsidiary Northwest Airlines, which was completely integrated into Delta network in January of 2010.

DAL shares are down slightly 0.21% to $9.60.

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