Form 8-K JETBLUE AIRWAYS CORP For: Oct 12
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 12, 2016
JETBLUE AIRWAYS CORPORATION | ||
(Exact name of registrant as specified in its charter) | ||
Delaware | 000-49728 | 87-0617894 |
(State of Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
27-01 Queens Plaza North, Long Island City, NY 11101 | ||
(Address of principal executive offices) (Zip Code) |
(718) 286-7900
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-
4(c))
Item 7.01 Regulation FD Disclosure
On October 12, 2016, JetBlue Airways Corporation issued a press release reporting September 2016 traffic results and including guidance for revenue for available seat miles for the third quarter of 2016. The press release is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit 99.1 Press Release dated October 12, 2016 "JetBlue Airways Reports September Traffic"
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
JETBLUE AIRWAYS CORPORATION
(Registrant)
Date: October 12, 2016 By:_/s/ Alexander Chatkewitz________
Alexander Chatkewitz
Vice President Controller (principal accounting officer)
JETBLUE AIRWAYS REPORTS SEPTEMBER TRAFFIC
New York, NY (October 12, 2016) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for September 2016. Traffic in September increased 10.8 percent from September 2015, on a capacity increase of 7.9 percent.
Load factor for September 2016 was 83.2 percent, an increase of 2.1 points from September 2015. JetBlue’s preliminary completion factor was 99.5 percent and its on-time (1) performance was 78.7 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of September decreased approximately two percent year over year. For the third quarter of 2016, RASM is expected to decrease between three and four percent year over year, in line with prior expectations.
JETBLUE AIRWAYS TRAFFIC RESULTS
September 2016 | September 2015 | % Change | |
Revenue passenger miles (000) | 3,432,671 | 3,097,703 | 10.8% |
Available seat miles (000) | 4,125,193 | 3,821,911 | 7.9% |
Load factor | 83.2% | 81.1% | 2.1 pts. |
Revenue passengers | 2,918,173 | 2,634,191 | 10.8% |
Departures | 26,574 | 24,966 | 6.4% |
Average stage length (miles) | 1,063 | 1,068 | -0.5% |
Y-T-D 2016 | Y-T-D 2015 | % Change | |
Revenue passenger miles (000) | 34,434,123 | 31,156,543 | 10.5% |
Available seat miles (000) | 40,421,330 | 36,632,481 | 10.3% |
Load factor | 85.2% | 85.1% | 0.1 pts. |
Revenue passengers | 28,731,032 | 26,189,651 | 9.7% |
Departures | 253,325 | 236,370 | 7.2% |
Average stage length (miles) | 1,099 | 1,092 | 0.6% |
(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®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 35 million customers a year to 97 cities in the U.S., Caribbean, and Latin America with an average of 925 daily flights. For more information please visit jetblue.com.
CONTACTS
JetBlue Investor Relations
Tel: +1 718 709 2202
JetBlue Corporate Communications
Tel: +1 718 709 3089
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