JetBlue Airways (JBLU) Reports February Traffic

JetBlue Airways Corporation (Nasdaq: JBLU) reported that its traffic in February increased 3.2% from February 2006, on a capacity increase of 7.6%. This capacity increase includes the impact of re-configuring JetBlue's Airbus A320 aircraft fleet from 156 to 150 seats.

Load factor for February 2007 was 80.0%, a decrease of 3.4 points from February 2006. JetBlue's preliminary completion factor was 90.9% and its on-time(1) performance was 57.5%.

"JetBlue's operating performance for the month was adversely impacted by the Northeast ice storm on February 14, 2007 and related recovery period, resulting in the cancellation of 1,191 flights and numerous flight delays over the six-day period,'' said David Neeleman, JetBlue's CEO. ``Preliminary PRASM for the month decreased four percent year over year, which includes the financial impact of the storm.''

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