JetBlue Airways Q1 10.192M (+24.6% Y/Y), Revenue passenger miles 13.375B (+22.4%), Available seat miles 16.769B (+9%)

    Three Months Ended March 31,   Percent

 

 

Three Months Ended March 31,

 

Percent Change

 

 

 

2023

 

 

2022

 

 

 

Revenue passengers (thousands)

 

 

10,192

 

 

8,177

 

 

24.6

Revenue passenger miles (RPMs) (millions)

 

 

13,375

 

 

10,927

 

 

22.4

Available seat miles (ASMs) (millions)

 

 

16,769

 

 

15,383

 

 

9.0

Load factor

 

 

79.8 %

 

 

71.0 %

 

 

8.8

Aircraft utilization (hours per day)

 

 

11.1

 

 

9.9

 

 

12.1

 

 

 

 

 

 

 

 

Average fare

 

$

214.07

 

$

195.99

 

 

9.2

Yield per passenger mile (cents)

 

 

16.31

 

 

14.67

 

 

11.2

Passenger revenue per ASM (cents)

 

 

13.01

 

 

10.42

 

 

24.9

Revenue per ASM (cents)

 

 

13.88

 

 

11.29

 

 

23.0

Operating expense per ASM (cents)

 

 

15.32

 

 

13.67

 

 

12.1

Operating expense per ASM, excluding fuel (cents)(1)

 

 

9.99

 

 

9.87

 

 

1.2

 

 

 

 

 

 

 

 

Departures

 

 

87,481

 

 

78,393

 

 

11.6

Average stage length (miles)

 

 

1,199

 

 

1,231

 

 

(2.6)

Average number of operating aircraft during period

 

 

278.2

 

 

282.0

 

 

(1.3)

Average fuel cost per gallon, including fuel taxes

 

$

3.50

 

$

2.90

 

 

20.8

Fuel gallons consumed (millions)

 

 

219

 

 

197

 

 

11.1

Average number of full-time equivalent crewmembers

 

 

20,167

 

 

19,304

 

 

4.5

Total
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