JetBlue Airways Reports February 2014 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.