NEW YORK, Jan. 5, 2006 (PRIMEZONE) -- JetBlue Airways Corporation (Nasdaq:JBLU) reported today that its traffic in December increased 27.9 percent from December 2004, on a capacity increase of 26.6 percent.
Load factor for December 2005 was 82.9 percent, an increase of 0.9 points from December 2004. JetBlue's preliminary completion factor was 99.6 percent and its on-time(1) performance was 63.6 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS
December 2005 December 2004 % Change
Revenue passenger
miles (000) 1,849,843 1,446,077 27.9
Available seat
miles (000) 2,232,317 1,763,449 26.6
Load factor 82.9% 82.0% 0.9 pts.
Revenue passengers 1,421,793 1,095,480 29.8
Departures 11,324 8,618 31.4
Y-T-D 2005 Y-T-D 2004 % Change
Revenue passenger
miles (000) 20,200,057 15,730,302 28.4
Available seat
miles (000) 23,703,094 18,911,051 25.3
Load factor 85.2% 83.2% 2.0 pts.
Revenue passengers 14,729,066 11,782,625 25.0
Departures 112,009 90,532 23.7
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(1) The U.S. Department of Transportation considers on-time arrivals
to be those domestic flights arriving within 14 minutes of schedule.
SOURCE: JetBlue Airways Corporation
JetBlue Airways is a low-fare airline based in New York City that operates 355 flights daily to 33 destinations. JetBlue offers customers roomy leather seats with 36 channels of free DIRECTV(r)(a) programming, the most live television offered by any airline. On flights longer than two hours, the airline also features a selection of first-run movies and bonus features from FOX InFlight(tm). Customers enjoy brand name snacks and beverages, including fine wines selected by JetBlue's "Low Fare Sommelier," Joshua Wesson, founder of Best Cellars. With JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way and an overnight stay is never required. For information or reservations call 1-800-JETBLUE (1-800-538-2583) or visit www.jetblue.com.
(a) DIRECTV(r) service is not available on flights between JFK or Newark and Puerto Rico or the Dominican Republic; however, FOX InFlight is offered complimentary on these routes. FOX InFlight is a trademark of Twentieth Century Fox Film Corporation. JetBlue's in-flight entertainment is powered by LiveTV, a wholly owned subsidiary of JetBlue.
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 190 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 and 10Q/A. 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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