0001158463-17-000029.txt : 20170310 0001158463-17-000029.hdr.sgml : 20170310 20170310080800 ACCESSION NUMBER: 0001158463-17-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170310 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170310 DATE AS OF CHANGE: 20170310 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: 17680239 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 feb2017traffic.htm FEB 2017 TRAFFIC RELEASE 8K 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): March 10, 2017
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 February 2017 traffic results and including guidance for preliminary revenue for available seat miles for the first quarter of 2017. The press release is attached as Exhibit 99.1.


Item 9.01       Financial Statements and Exhibits.

(d)  Exhibits.

Exhibit 99.1
 
Press Release dated March 10, 2017 titled “JetBlue Airways Reports February 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: March 10, 2017
 
By:
/s/ ALEXANDER CHATKEWITZ
 
 
 
Vice President, Controller and Chief Accounting Officer
(principal accounting officer)


















EXHIBIT INDEX


Exhibit Number
Description
 
 
Exhibit 99.1
Press Release dated March 10, 2017 titled “JetBlue Airways Reports February Traffic”






























 EX-99.1 2 feb2017trafficex.htm EXHIBIT 99.1 FEBRUARY 2017 TRAFFIC EX Exhibit


Exhibit 99.1

JETBLUE AIRWAYS REPORTS FEBRUARY TRAFFIC

New York, NY (March 10, 2017) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for February 2017. Traffic in February increased 0.1 percent from February 2016, on a capacity increase of 0.7 percent.

Load factor for February 2017 was 82.6 percent, a decrease of 0.5 points from February 2016. JetBlue’s preliminary completion factor was 95.6 percent and its on-time (1) performance was 72.3 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of February increased approximately one and a half percent year over year. Excluding the impact of winter storms Niko and Orson, February RASM decreased approximately one half of a percent.

For the first quarter of 2017, RASM is expected to decrease between four and five percent year over year. March RASM is expected to be negatively impacted by approximately six percentage points due to Easter calendar placement.

JETBLUE AIRWAYS TRAFFIC RESULTS
 
 February 2017
 February 2016
        % Change
Revenue passenger miles (000)
3,456,625
3,454,503
0.1%
Available seat miles (000)
4,182,711
4,155,111
0.7%
Load factor
82.6%
83.1%
-0.5 pts.
Revenue passengers
2,933,684
2,862,153
2.5%
Departures
26,189
25,677
2.0%
Average stage length (miles)
1,087
1,119
-2.9%
 
 
 
 
 
         Y-T-D 2017
         Y-T-D 2016
         % Change
Revenue passenger miles (000)
7,319,818
7,010,365
4.4%
Available seat miles (000)
8,819,352
8,461,476
4.2%
Load factor
83.0%
82.9%
0.1 pts.
Revenue passengers
6,224,212
5,809,363
7.1%
Departures
55,518
52,709
5.3%
Average stage length (miles)
1,082
1,111
-2.6%
(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 38 million customers a year to 100 cities in the U.S., Caribbean, and Latin America with an average of 1,000 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