Current Report Filing (8-k)

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): December 9, 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)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		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 November 2014 traffic results and including guidance for preliminary passenger revenue for available seat miles for the fourth 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 December 9, 2014 titled “JetBlue Airways Reports November 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: December 9, 2014	By:	/s/ JAMES HNAT
		Executive Vice President, General Counsel and Secretary

EXHIBIT INDEX



Exhibit Number	Description

Exhibit 99.1	Press Release dated December 9, 2014 titled “JetBlue Airways Reports November Traffic”

EXHIBIT 99.1

JETBLUE AIRWAYS REPORTS NOVEMBER TRAFFIC

New York, NY (December 9, 2014) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for November 2014. Traffic in November increased 10.1 percent from November 2013, on a capacity increase of 6.0 percent.

Load factor for November 2014 was 81.4 percent, an increase of 3.1 points from November 2013. JetBlue’s preliminary completion factor was 99.2 percent and its on-time (1) performance was 81.1 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of November increased six percent year over year. For the fourth quarter of 2014, PRASM is expected to decrease between zero and one percent year over year.

JETBLUE AIRWAYS TRAFFIC RESULTS



	November 2014	November 2013	% Change
Revenue passenger miles (000)	2,977,961	2,703,553	10.1%
Available seat miles (000)	3,659,781	3,452,311	6.0%
Load factor	81.4%	78.3%	3.1 pts.
Revenue passengers	2,545,034	2,313,482	10.0%
Departures	23,931	22,810	4.9%
Average stage length	1,085	1,091	(0.5)%
	Y-T-D 2014	Y-T-D 2013	% Change
Revenue passenger miles (000)	34,399,037	32,602,921	5.5%
Available seat miles (000)	40,810,905	38,923,152	4.8%
Load factor	84.3%	83.8%	0.5 pts.
Revenue passengers	29,221,820	27,757,505	5.3%
Departures	268,026	256,982	4.3%
Average stage length	1,086	1,087	(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 Airline^TM, 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 87 cities in the U.S., Caribbean and Latin America with an average of 825 daily flights. 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

JetBlue Airways (NASDAQ:JBLU)
Historical Stock Chart
From Mar 2024 to Apr 2024