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JetBlue traffic up in August

NEW YORK (AP) -- JetBlue Airways Corp. said Thursday that passenger traffic for the month of August increased 6.2 percent.

The airline operator said this year-over-year gain was due in part to a 7.2 percent increase in capacity. Unlike many of its bigger rivals, JetBlue is adding flights.

JetBlue said that its passenger revenue per available seat mile, a key industry statistic, increased 3 percent over last year. The company expects this measure to increase between 7.5 and 8.5 percent for September. This is closely watched, as it is considered an indicator of pricing power.

Shares of the New York-based company gave up 9 cents to $6.39 in afternoon trading, in line with a broader market dip.