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): September 11, 2014
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)
 
 
 
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
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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 August 2014 traffic results and including guidance for preliminary passenger revenue for available seat miles for the third quarter of 2014.  The press release is attached as Exhibit 99.1.

Item 9.01       Financial Statements and Exhibits.

(d)  Exhibits.
 

Exhibit 99.1
 
Press Release dated September 11, 2014 titled “JetBlue Airways Reports August 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: September 11, 2014
 
By:
/s/ JAMES HNAT
 
 
 
Executive Vice President, General Counsel and Secretary

 
 
 
 
 
 
 
 






 
 
EXHIBIT INDEX

 

Exhibit Number
Description
 
 
Exhibit 99.1
Press Release dated September 11, 2014 titled “JetBlue Airways Reports August Traffic”


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 









August traffic release




JETBLUE AIRWAYS REPORTS AUGUST TRAFFIC
New York, NY (September 11, 2014) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for August 2014. Traffic in August increased 6.7 percent from August 2013, on a capacity increase of 4.9 percent.

Load factor for August 2014 was 88.3 percent, an increase of 1.5 points from August 2013. JetBlue’s preliminary completion factor was 99.4 percent and its on-time (1) performance was 77.4 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of August increased four percent year over year. For the third quarter of 2014, PRASM is expected to increase between two and three percent year over year.

JETBLUE AIRWAYS TRAFFIC RESULTS
 
      August 2014
       August 2013
        % Change
Revenue passenger miles (000)
3,718,923
3,484,015
6.7%
Available seat miles (000)
4,210,974
4,016,063
4.9%
Load factor
88.3%
86.8%
   1.5 pts.
Revenue passengers
3,131,183
2,928,154
6.9%
Departures
27,420
26,268
4.4%
Average stage length
1,093
1,093
0.0%
 
         Y-T-D 2014
         Y-T-D 2013
         % Change
Revenue passenger miles (000)
25,686,255
24,626,898
4.3%
Available seat miles (000)
30,177,569
28,917,326
4.4%
Load factor
85.1%
85.2%
 (0.1) pts.
Revenue passengers
21,732,319
20,930,564
3.8%
Departures
197,574
190,058
4.0%
Average stage length
1,092
1,091
0.1%
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
About JetBlue Airways
JetBlue is New York's Hometown AirlineTM, and a leading carrier in Boston, Fort Lauderdale/Hollywood, Los Angeles (Long Beach), Orlando and San Juan. JetBlue carries more than 30 million customers a year to 86 cities in the U.S., Caribbean and Latin America with an average of 850 daily flights. New service to Curaçao begins in December, subject to receipt of government operating authority. With JetBlue, all seats are assigned, all fares are one-way, an overnight stay is never required and the first checked bag is free (subject to weight and size limits and exceptions for itineraries including flights marketed or operated by other airlines). For more information please visit JetBlue.com.
This press release contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. When used in this document and in documents incorporated herein by reference, the words “expects,” “plans,” “anticipates,” “indicates,” “believes,” “forecast,” “guidance,” “outlook,” “may,” “will,” “should,” “seeks,” “targets” and similar expressions are intended to identify forward-looking statements. 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; volatility in financial and credit markets which could affect our ability to obtain debt and/or lease financing or to raise funds through debt or equity issuances; increases and volatility in fuel prices, maintenance costs and





interest rates; our ability to implement our growth strategy; our significant fixed obligations and substantial indebtedness; our ability to attract and retain qualified personnel and maintain our culture as we grow; our reliance on high daily aircraft utilization; our dependence on the New York metropolitan market and the effect of increased congestion in this market; our reliance on automated systems and technology; our being subject to potential unionization, work stoppages, slowdowns or increased labor costs; our reliance on a limited number of suppliers; our presence in some international emerging markets that may experience political or economic instability or may subject us to legal risk; reputational and business risk from information security breaches; changes in or additional government regulation; changes in our industry due to other airlines' financial condition; a continuance of the economic recessionary conditions in the U.S. or a further economic downturn leading to a continuing or accelerated decrease in demand for domestic and business air travel; and external geopolitical events and conditions. Further 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 2013 Annual Report on Form 10-K 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.
CONTACTS
JetBlue Investor Relations
Tel: +1 718 709 2202
ir@jetblue.com
JetBlue Corporate Communications
Tel: +1 718 709 3089
corpcomm@jetblue.com