NEW YORK, Aug. 4, 2005 (PRIMEZONE) -- JetBlue Airways Corporation (Nasdaq:JBLU) reported today that its traffic in July increased 31.6 percent from July 2004, on a capacity increase of 27.0 percent.
Load factor for July 2005 was 91.1 percent, an increase of 3.2 points from July 2004. JetBlue's completion factor was 99.5 percent and its on-time(a) performance was 61.5 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
July 2005 July 2004 % Change
--------- --------- --------
Revenue passenger miles (000) 1,978,574 1,503,410 31.6
Available seat miles (000) 2,171,320 1,710,049 27.0
Load factor 91.1% 87.9% 3.2 pts.
Revenue passengers 1,373,022 1,090,819 25.9
Departures 9,691 7,911 22.5
Y-T-D 2005 Y-T-D 2004 % Change
---------- ---------- --------
Revenue passenger miles (000) 11,537,791 8,811,090 30.9
Available seat miles (000) 13,186,173 10,585,364 24.6
Load factor 87.5% 83.2% 4.3 pts.
Revenue passengers 8,469,014 6,661,589 27.1
Departures 62,710 50,901 23.2
SOURCE: JetBlue Airways Corporation
JetBlue is a low-fare, low-cost passenger airline, which provides high-quality customer service. JetBlue operates a fleet of 79 new Airbus A320 aircraft and plans to add six additional A320s and eight Embraer E190s to its fleet in 2005. Based at New York City's John F. Kennedy International Airport, JetBlue currently operates 316 flights a day and serves 32 destinations in 13 states, Puerto Rico, the Dominican Republic and The Bahamas. JetBlue plans to start daily nonstop service from Newark, NJ to Fort Lauderdale and Orlando on October 5, 2005, to West Palm Beach, Tampa, and Fort Myers on October 19, 2005, and to San Juan, PR on November 17, 2005.
All JetBlue aircraft feature roomy leather seats; all equipped with an in-seat digital entertainment system offering 36 channels of free DIRECTV(r) programming -- no other airline offers more live satellite TV options. On flights longer than two hours, a selection of first-run movies and bonus features from FOX InFlight is also available.(b)
With JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way, and an overnight stay is never required. For more information, schedules and fares, please visit www.jetblue.com or call JetBlue reservations at 1-800-JETBLUE (538-2583), 1-888-538-2583 if calling from Puerto Rico, or 1-200-9898 if calling from the Dominican Republic. This press release, as well as past press releases, can be found on www.jetblue.com.
(a) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
(b) DIRECTV(r) service is not available on flights between JFK or Newark and Puerto Rico or the Dominican Republic; however, where available, FOX InFlight Premium Entertainment is offered complimentary on these routes.
This press release contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward looking statements due to many factors, including without limitation, our extremely competitive industry, our ability to implement our growth strategy including the integration of the Embraer E190 aircraft into our operations, our significant fixed obligations, our ability to maintain our culture, our reliance on high daily aircraft utilization, increases in maintenance costs, fuel prices, insurance costs and interest rates, our dependence on the New York market, our reliance on automated systems and technology, our reliance on sole suppliers, additional government regulation and future acts of terrorism or the threat of such acts or escalation of U.S. military involvement overseas. Information concerning these and other factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to, the Company's 2004 Annual Report on Form 10-K/A and Quarterly Reports on Form 10-Q. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
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