JetBlue Reports Increase in February Traffic

JetBlue Airways reported that its traffic in February increased 16.7 percent from February 2007, on a capacity increase of 21.5 percent. Load factor for February 2008 was 76.8 percent, a decrease of 3.2 points from February 2007.

JetBlue’s preliminary completion factor was 97.7 percent and its on-time performance was 67.8 percent. JetBlue’s preliminary passenger revenue per available seat mile for the month of February increased 27 percent year over year.

Approximately two-thirds of this increase was attributable to the impact of last year’s ice storm when JetBlue cancelled approximately 1,200 flights, which resulted in a February 2007 completion factor of 90.9 percent.