JetBlue Airways (JBLU) Nov. Load Factor Increases 3.1 pts

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2014. Traffic in November increased 10.1 percent from November 2013, on a capacity increase of 6.0 percent.

Load factor for November 2014 was 81.4 percent, an increase of 3.1 points from November 2013. JetBlue's preliminary completion factor was 99.2 percent and its on-time (1) performance was 81.1 percent. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for the month of November increased six percent year over year. For the fourth quarter of 2014, PRASM is expected to decrease between zero and one percent year over year.

JETBLUE AIRWAYS TRAFFIC RESULTS

                                          November    November    % Change  

                                            2014        2013                

Revenue passenger miles (000)                                          10.1%

                                           2,977,961   2,703,553            

Available seat miles (000)                                              6.0%

                                           3,659,781   3,452,311            

Load factor                                                         3.1 pts.

                                               81.4%       78.3%            

Revenue passengers                                                     10.0%

                                           2,545,034   2,313,482            

Departures                                                              4.9%

                                              23,931      22,810            

Average stage length                                                  (0.5)%

                                               1,085       1,091            

                                                                  % Change  

                                         Y-T-D 2014  Y-T-D 2013             

Revenue passenger miles (000)                                           5.5%

                                          34,399,037  32,602,921            

Available seat miles (000)                                              4.8%

                                          40,810,905  38,923,152            

Load factor                                                         0.5 pts.

                                               84.3%       83.8%            

Revenue passengers                                                      5.3%

                                          29,221,820  27,757,505            

Departures                                                              4.3%

                                             268,026     256,982            

Average stage length                                                  (0.1)%

                                               1,086       1,087            

(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.

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