JetBlue stays on track with double-digit capacity growth

• JetBlue (NASDAQ:JBLU) reports revenue passenger miles rose 11.7% in January to 3.556B.
• Capacity was up 10.8% to 4.306B available seat miles.
• Average stage length was 0.5% longer at 1,103 miles.
• The airline's load factor during the month improved 70 bps to 82.6%. Revenue per available seat mile fell approximately 3.5% Y/Y.
• The company expects Q1 capacity to be up 13% to 15%, adjusted downward from prior guidance of 14% to 16% due to winter storms.