0001158463-16-000124.txt : 20160610 0001158463-16-000124.hdr.sgml : 20160610 20160610093423 ACCESSION NUMBER: 0001158463-16-000124 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160610 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160610 DATE AS OF CHANGE: 20160610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JETBLUE AIRWAYS CORP CENTRAL INDEX KEY: 0001158463 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 870617894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49728 FILM NUMBER: 161707546 BUSINESS ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: 7182867900 MAIL ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 8-K 1 a8kmay2016traffic.htm 8-K MAY 2016 TRAFFIC Document


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): June 10, 2016
JETBLUE AIRWAYS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State of Other Jurisdiction of Incorporation)
 
 
 
000-49728
(Commission File Number)
 
87-0617894
(I.R.S. Employer Identification No.)
 
 
 
27-01 Queens Plaza North, Long Island City, New York
(Address of principal executive offices)
 
11101
(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.

JetBlue Airways Corporation today issued a press release reporting May 2016 traffic results and included guidance for preliminary revenue per available seat mile for the second quarter of 2016 as well as updated full year 2016 capacity guidance. The press release is attached as Exhibit 99.1.


Item 9.01.    Financial Statements and Exhibits.

(d)  Exhibits.

Exhibit 99.1
 
Press Release dated June 10, 2016 titled “JetBlue Airways Reports May 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: June 10, 2016
 
By: 
/s/ Alexander Chatkewitz
 
 
 
Alexander Chatkewitz
Vice President, Controller and Chief Accounting Officer
(principal accounting officer)

 





EXHIBIT INDEX

 
Exhibit Number
Description
 
 
Exhibit 99.1
Press Release dated June 10, 2016 titled “JetBlue Airways Reports May Traffic”


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 







 EX-99.1 2 a8kmay2016trafficpressrele.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

JETBLUE AIRWAYS REPORTS MAY TRAFFIC
New York, NY (June 10, 2016) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for May 2016. Traffic in May increased 10.7 percent from May 2015, on a capacity increase of 12.1 percent.

Load factor for May 2016 was 84.6 percent, a decrease of 1.1 points from May 2015. JetBlue’s preliminary completion factor was 99.6 percent and its on-time (1) performance was 80.7 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of May decreased approximately seven percent year over year. For the second quarter of 2016, RASM is expected to decrease between seven and a half and eight and a half percent year over year, toward the lower end of prior expectations.

As we continue to assess the fuel and revenue environments, JetBlue is lowering its full year capacity guidance and now expects year over year available seat mile growth in 2016 to be between 8.0 and 9.5 percent, down from prior guidance of 8.5 to 10.5 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
 
 May 2016
 May 2015
        % Change
Revenue passenger miles (000)
3,838,752
3,468,055
10.7%
Available seat miles (000)
4,537,104
4,048,048
12.1%
Load factor
84.6%
85.7%
-1.1 pts.
Revenue passengers
3,244,635
2,957,534
9.7%
Departures
28,852
26,594
8.5%
Average stage length (miles)
1,081
1,074
0.7%
 
 
 
 
 
         Y-T-D 2016
         Y-T-D 2015
         % Change
Revenue passenger miles (000)
18,575,026
16,551,261
12.2%
Available seat miles (000)
22,038,078
19,504,498
13.0%
Load factor
84.3%
84.9%
-0.6 pts.
Revenue passengers
15,492,396
13,975,004
10.9%
Departures
137,838
126,604
8.9%
Average stage length (miles)
1,104
1,091
1.2%

(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 96 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
ir@jetblue.com
JetBlue Corporate Communications
Tel: +1 718 709 3089
corpcomm@jetblue.com