Hot off the presses!
YORK, July 7, 2006 (PRIMEZONE) -- JetBlue Airways Corporation (Nasdaq:JBLU) reported today that its traffic in June increased 11.4 percent from June 2005, on a capacity increase of 20.8 percent.
Load factor for June 2006 was 82.1 percent, a decrease of 6.9 points from June 2005. JetBlue's preliminary completion factor was 99.8 percent and its on-time(1) performance was 71.1 percent. "We continue to experience revenue improvement as evidenced by June's preliminary passenger revenue per available seat mile increase of 16 percent year over year, driven by the positive changes made to our revenue management process. Pricing our inventory in order to achieve a higher yield at a reduced load factor is giving us the positive results we are aiming for."
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
JETBLUE AIRWAYS TRAFFIC RESULTS
June 2006 June 2005 % Change
Revenue passenger miles (000) 1,997,663 1,793,823 11.4
Available seat miles (000) 2,433,919 2,014,568 20.8
Load factor 82.1% 89.0% (6.9) pts.
Revenue passengers 1,499,206 1,240,043 20.9
Departures 12,552 9,012 39.3
Average stage length 1,273 1,433 (11.2)
Y-T-D 2006 Y-T-D 2005 % Change
Revenue passenger miles (000) 11,459,967 9,559,217 19.9
Available seat miles (000) 13,779,414 11,014,853 25.1
Load factor 83.2% 86.8% (3.6) pts.
Revenue passengers 8,859,638 7,095,992 24.9
Departures 72,105 53,019 36.0
Average stage length 1,249 1,332 (6.2)
SOURCE: JetBlue Airways Corporation
In the six years since its launch, JetBlue Airways has focused on creating a new airline category -- an airline that offers value, service and style. Based out of New York City, the low-cost carrier currently serves 39 destinations with more than 440 flights daily. Onboard JetBlue, customers enjoy roomy leather seats and 36 channels of free DIRECTV(r) programming(a), the most live TV
available on any airline. On flights longer than two hours, a selection of first-run movies and bonus features from FOX InFlight(tm) is also available. JetBlue offers customers generous brand name snacks and beverages, including freshly brewed Dunkin' Donuts coffee, and delicious wines selected by the airline's Low Fare Sommelier, Josh Wesson from Best Cellars. On overnight flights from the West, the airline now offers Shut-Eye Service, with a Shut-Eye Kit(tm) designed exclusively for JetBlue by Bliss Spa and other special amenities including a "good morning" hot towel service. 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.
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(a) DIRECTV(r) service is not available on flights outside the continental United States; however, where applicable 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.