JetBlue Airways traffic in February increased 6.0% from February 2018, on a capacity increase of 7.5%. Load factor for February 2019 was 81.5%, a decrease of 1.1 points from February 2018. JetBlue’s preliminary completion factor for February 2019 was 98.5% and its on-time performance was 70.0%. JetBlue continues to expect first quarter revenue per available seat mile (RASM) to range between (3.5) and (1.5) percent.
Meanwhile, speculation is rising that the US carrier could announce new transatlantic routes from New York and Boston to London using longer-range A321neos, which is has the option to switch to under its current order.
JetBlue has stated that it plans to announce its decision on the long range version of the A321 in 2019 but has indicated that “potential routes to Europe could provide us an opportunity to grow our focus cities of Boston and New York as we consider the best use of our aircraft from a margin perspective in those cities.”