JetBlue Airways Reports February Traffic
NEW YORK, NY -- (Marketwired) -- 03/12/14 -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for February 2014. Traffic in February increased 5.2 percent from February 2013, on a capacity increase of 6.3 percent.
Load factor for February 2014 was 81.6 percent, a decrease of 0.8 points from February 2013. JetBlue's preliminary completion factor was 94.5 percent and its on-time (1) performance was 64.6 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of February increased seven percent year over year, which includes a positive impact of approximately one point from February 2014's winter storms. For the first quarter of 2014, PRASM is expected to increase between one and two percent year over year.
JETBLUE AIRWAYS TRAFFIC RESULTS
|February 2014||February 2013||% Change|
|Revenue passenger miles (000)||2,638,242||2,507,930||5.2%|
|Available seat miles (000)||3,234,587||3,044,046||6.3%|
|Load factor||81.6%||82.4%||(0.8) pts.|
|Average stage length||1,100||1,091||0.8%|
|Y-T-D 2014||Y-T-D 2013||% Change|
|Revenue passenger miles (000)||5,423,096||5,296,651||2.4%|
|Available seat miles (000)||6,599,692||6,458,310||2.2%|
|Load factor||82.2%||82.0%||0.2 pts.|
|Average stage length||1,098||1,090||0.7%|
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
JetBlue is New York's Hometown AirlineTM with other focus cities in Boston, Fort Lauderdale/Hollywood, Los Angeles/Long Beach, Orlando and San Juan. JetBlue carries more than 30 million customers a year to 85 cities in the U.S., Caribbean and Latin America with an average of 800 daily flights. JetBlue was the first U.S. airline to allow customers to use their personal electronic devices throughout all domestic flights. With JetBlue, all seats are assigned, all fares are one-way, an overnight stay is never required and the first checked bag is free (subject to weight and size limits and exceptions for itineraries including flights marketed or operated by other airlines). For more information please visit JetBlue.com.
Posted: March 13, 2014