JetBlue Reports March Traffic Gain

JetBlue became the latest carrier to report strong March traffic.
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NEW YORK (

TheStreet

) --

JetBlue

(JBLU) - Get Report

became the latest carrier to report strong March traffic.

The carrier said preliminary revenue per available seat mile increased 17% from the same month a year earlier. Load factor was 81.3%, an increase of two points. Revenue passenger miles grew by 9.1%, even though capacity as measured by available seat miles grew only 6.4%.

So far,

United

(UAUA)

and

Southwest

(LUV) - Get Report

have reported the industry's best March results. United reported a passenger revenue per available seat mile gain between 21.5% and 23.5%, while Southwest reported a PRASM gain around 22%.

-- Written by Ted Reed in Charlotte, N.C.

.