SOURCE: JetBlue

January 13, 2015 16:44 ET

JetBlue Airways Reports December Traffic

NEW YORK, NY--(Marketwired - January 13, 2015) - JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for December 2014. Traffic in December increased 5.6 percent from December 2013, on a capacity increase of 7.2 percent. 

Load factor for December 2014 was 81.6 percent, a decrease of 1.3 points from December 2013. JetBlue's preliminary completion factor was 99.5 percent and its on-time (1) performance was 80.3 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of December decreased six percent year over year. For the fourth quarter 2014, PRASM is expected to be relatively flat compared to last year. 

For the fourth quarter 2014, we expect our realized fuel price per gallon, including the impact from hedging and fixed forward price agreements, to be $2.70. 

JETBLUE AIRWAYS TRAFFIC RESULTS

  December
2014
December
2013
% Change
    
 Revenue passenger miles (000) 3,414,451 3,233,109 5.6%
 Available seat miles (000) 4,182,996 3,900,924 7.2%
 Load factor 81.6% 82.9% (1.3) pts.
 Revenue passengers 2,856,496 2,705,721 5.6%
 Departures 26,774 25,151 6.5%
 Average stage length 1,109 1,115 (0.5)%
       
  Y-T-D 2014 Y-T-D 2013 % Change
    
 Revenue passenger miles (000) 37,813,488 35,836,030 5.5%
 Available seat miles (000) 44,993,900 42,824,075 5.1%
 Load factor 84.0% 83.7% 0.3 pts.
 Revenue passengers 32,078,316 30,463,226 5.3%
 Departures 294,800 282,133 4.5%
 Average stage length 1,088 1,089 (0.1)%

(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(TM), and a leading carrier in Boston, Fort Lauderdale/Hollywood, Los Angeles (Long Beach), Orlando and San Juan. JetBlue carries more than 32 million customers a year to 87 cities in the U.S., Caribbean and Latin America with an average of 850 daily flights. Service to Cleveland will launch April 30, 2015. For more information please visit JetBlue.com.

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