JetBlue Airways Reports June Traffic
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NEW YORK, July 7 /PRNewswire-FirstCall/ -- JetBlue Airways Corporation
(Nasdaq: JBLU) reported today that its traffic in June decreased 3.3 percent
from June 2008, on a capacity decrease of 0.1 percent.
Load factor for June 2009 was 80.3 percent, a decrease of 2.8 points from June
2008. JetBlue's preliminary completion factor was 99.0 percent and its
on-time (1) performance was 71.3 percent. JetBlue's preliminary passenger
revenue per available seat mile for the month of June decreased 12 percent
year over year.
JETBLUE AIRWAYS TRAFFIC RESULTS
June 2009 June 2008 % Change
Revenue passenger miles (000) 2,227,715 2,304,636 (3.3)%
Available seat miles (000) 2,772,738 2,774,456 (0.1)%
Load factor 80.3% 83.1% (2.8) pts.
Revenue passengers 1,907,393 1,896,582 0.6 %
Departures 18,423 17,144 7.5 %
Average stage length 1,072 1,149 (6.7)%
Y-T-D 2009 Y-T-D 2008 % Change
Revenue passenger miles (000) 12,585,456 13,319,161 (5.5)%
Available seat miles (000) 16,178,938 16,777,916 (3.6)%
Load factor 77.8% 79.4% (1.6) pts.
Revenue passengers 10,981,852 11,155,184 (1.6)%
Departures 107,899 104,501 3.3 %
Average stage length 1,066 1,135 (6.1)%
(1) The U.S. Department of Transportation considers on-time arrivals to be
those domestic flights arriving within 14 minutes of schedule.
New York-based JetBlue Airways has created a new airline category based on
value, service and style. Known for its award-winning service and free TV as
much as its low fares, JetBlue is now pleased to offer customers Lots of
Legroom and super-spacious Even More Legroom seats. JetBlue introduced
complimentary in-flight e-mail and instant messaging services on aircraft
"BetaBlue," a first among U.S. domestic airlines. 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 56 cities with 650 daily flights. With JetBlue, all
seats are assigned, all travel is ticketless, 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 visit
www.jetblue.com.
This press release contains statements of a forward-looking nature which
represent our management's beliefs and assumptions concerning future events.
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 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 2008 Annual Report on Form 10-K,
Current Report on Form 8-K as filed June 1st, 2009, 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
Investor Relations, +1-718-709-2202, ir@jetblue.com; or Corporate
Communications, +1-718-709-3089, CorporateCommunications@jetblue.com
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