JetBlue expects capacity growth up to 9.5% in 4Q2018, close-in demand trends improve across network

    JetBlue Airways reported (23-Oct-2018) close-in demand trends improve across the network, with RASM above the “mid-point of our updated guidance of 1.0% to 3.0%”. EVP of commercial and planning Marty St George stated JetBlue continued to grow its capacity and expects capacity growth between 7.5% and 9.5% in 4Q2018. He noted schedule-to-schedule capacity growth is predicted to reach 6% for 4Q2018, given the 2.9 points of lost capacity from hurricanes in 4Q2017. Mr St George added JetBlue expects to see some revenue benefits from the network changes and the ancillary revenue changes launched during 3Q2018. [more – original PR] [more – original PR – II]