JetBlue Airways Reports February 2015 Traffic

NEW YORK, NY — (Marketwired) — 03/11/15 — JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for February 2015. Traffic in February increased 10.0 percent from February 2014, on a capacity increase of 7.4 percent.

Load factor for February 2015 was 83.5 percent, an increase of 1.9 points from February 2014. JetBlue’s preliminary completion factor was 93.4 percent and its on-time (1) performance was 59.7 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of February increased about three percent year over year, which includes a positive impact of about two and a half points from winter storms during the month. For the first quarter of 2015, PRASM is expected to increase between three and four percent year over year. JetBlue now expects year over year available seat mile growth in the first quarter of 2015 to be between nine and 10 percent, down from prior guidance of 11 to 13 percent due to the winter storms.