MARCH 10TH, 2017

JetBlue Airways Reports February 2017 Traffic

NEW YORK—(BUSINESS WIRE)— JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for February 2017. Traffic in February increased 0.1 percent from February 2016, on a capacity increase of 0.7 percent.

Load factor for February 2017 was 82.6 percent, a decrease of 0.5 points from February 2016. JetBlue’s preliminary completion factor was 95.6 percent and its on-time (1) performance was 72.3 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of February increased approximately one and a half percent year over year. Excluding the impact of winter storms Niko and Orson, February RASM decreased approximately one half of a percent.

For the first quarter of 2017, RASM is expected to decrease between four and five percent year over year. March RASM is expected to be negatively impacted by approximately six percentage points due to Easter calendar placement.