JetBlue load factor falls, as capacity increases while traffic declines

JetBlue Airways Corp. said Tuesday that January load factor declined to 81.9% from 83.3% a year ago, as a capacity rose slightly while traffic declined. Capacity increased 0.1% to 4.64 billion available seat miles, while traffic fell 1.7% to 3.80 billion revenue passenger miles. The number of revenue passengers fell 4.0% to 3.16 million, while departures declined 2.5% to 28,596. The stock, which was still inactive in premarket trade, has rallied 4.9% over the past three months, while the NYSE Arca Airline Index has surged 9.7% and the S&P 500 has gained 2.8%.

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