JetBlue Airways Reports January Traffic
NEW YORK, Feb. 13, 2013
NEW YORK, Feb. 13, 2013 /PRNewswire/ -- JetBlue Airways Corporation [NASDAQ:
JBLU] reported its preliminary traffic results for January 2013. Traffic in
January increased 11.2 percent from January 2012, on a capacity increase of
Load factor for January 2013 was 81.7 percent, an increase of 1.0 point from
January 2012. JetBlue's preliminary completion factor was 99.7 percent and its
on-time (1) performance was 78.3 percent. JetBlue's preliminary passenger
revenue per available seat mile (PRASM) for the month of January was
relatively flat year over year. For the month of February, PRASM is expected
to be relatively flat year over year.
JETBLUE AIRWAYS TRAFFIC RESULTS
January 2013 January 2012 % Change
Revenue passenger miles (000) 2,788,721 2,508,931 11.2%
Available seat miles (000) 3,414,264 3,107,654 9.9%
Load factor 81.7% 80.7% 1.0 pt.
Revenue passengers 2,387,691 2,164,187 10.3%
Departures 22,545 20,653 9.2%
Average stage length 1,090 1,076 1.3%
(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 Airline ™ with other focus cities in Boston,
Fort Lauderdale, Los Angeles, New York City, San Juan, and Orlando. Known for
its award-winning service and free TV as much as its low fares, JetBlue offers
the most legroom in coach of any U.S. airline (based on average fleet-wide
seat pitch) as well as super-spacious Even More Space seats. JetBlue is also
America's first and only airline to offer its own Customer Bill of Rights,
with meaningful and specific compensation for customers inconvenienced by
service disruptions within JetBlue's control. Visit www.jetblue.com/promise
for details. JetBlue serves 75 cities with 750 daily flights and plans to
launch service to Charleston, South Carolina, Albuquerque, New Mexico, and
Philadelphia, Pennsylvania, in 2013, as well as Medellin, Colombia, subject to
receipt of government approval. With JetBlue, all seats are assigned, all
fares are one-way, and an overnight stay is never required. For information or
reservations call 1-800-JETBLUE (1-800-538-2583), TTY/TDD 1-800-336-5530, or
This press release contains statements of a forward-looking nature which
represent our management's beliefs and assumptions concerning future events.
When used in this document and in documents incorporated herein by reference,
the words "expects," "plans," "anticipates," "indicates," "believes,"
"forecast," "guidance," "outlook," "may," "will," "should," "seeks," "targets"
and similar expressions are intended to identify forward-looking statements.
Forward-looking statements involve risks, uncertainties and assumptions, and
are based on information currently available to us. Actual results may differ
materially from those expressed in the forward-looking statements due to many
factors, including, without limitation, our extremely competitive industry;
volatility in financial and credit markets which could affect our ability to
obtain debt and/or lease financing or to raise funds through debt or equity
issuances; increases in fuel prices, maintenance costs and interest rates; our
ability to implement our growth strategy, including the ability to operate
reliably the EMBRAER 190 aircraft and our new terminal at JFK; our significant
fixed obligations; our ability to attract and retain qualified personnel and
maintain our culture as we grow; our reliance on high daily aircraft
utilization; our dependence on the New York metropolitan market and the effect
of increased congestion in this market; our reliance on automated systems and
technology; our being subject to potential unionization; our reliance on a
limited number of suppliers; changes in or additional government regulation;
changes in our industry due to other airlines' financial condition; a
continuance of the economic recessionary conditions in the U.S. or a further
economic downturn leading to a continuing or accelerated decrease in demand
for domestic and business air travel; and external geopolitical events and
conditions. Further information concerning these and other factors is
contained in the Company's Securities and Exchange Commission filings,
including but not limited to, the Company's 2011 Annual Report on Form 10-K
and Quarterly Reports on Form 10-Q. We undertake no obligation to update any
forward-looking statements to reflect events or circumstances that may arise
after the date of this release.
SOURCE JetBlue Airways Corporation
Contact: Investor Relations: +1-718-709-2202, firstname.lastname@example.org or Corporate
Communications, +1-718-709-3089, CorporateCommunications@jetblue.com
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