JetBlue traffic in November 2019 increased 3.7% from November 2018, on a capacity increase of 7.1%. Load factor for November 2019 was 80.8%, a decrease of 2.7 points from November 2018. JetBlue’s preliminary completion factor for November 2019 was 99.9% and its on-time performance was 80.4%.
JetBlue is lowering its fourth quarter unit revenue guidance and now forecasts unit revenue to decline 1.5% to 3.5%, from prior guidance of down 0.5% to 3.5%, driven by softer than expected close-in yields in late November, combined with the negative impact of weather over the Thanksgiving holiday peak.