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): March 11, 2015




JETBLUE AIRWAYS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware	000-49728	87-0617894
(State of Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
27-01 Queens Plaza North, Long Island City, NY 11101
(Address of principal executive offices) (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 February 2015 traffic results and including guidance for preliminary passenger revenue for available seat miles for the first quarter 2015 and, due to winter storm adjustments, first quarter capacity on a year over year basis. The press release is attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.



Exhibit 99.1	Press Release dated March 11, 2015 titled “JetBlue Airways Reports February Traffic.”

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.




		JETBLUE AIRWAYS CORPORATION
		(Registrant)
Date: March 11, 2015	By:	/s/ Alexander Chatkewitz
		Alexander Chatkewitz Vice President, Controller

EXHIBIT INDEX



Exhibit 99.1	Press Release dated March 11, 2015 titled “JetBlue Airways Reports February Traffic”

JETBLUE AIRWAYS REPORTS FEBRUARY TRAFFIC

New York, NY (March 11, 2015) -- JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for February 2015. Traffic in February increased 10.0 percent from February 2014, on a capacity increase of 7.4 percent.

Load factor for February 2015 was 83.5 percent, an increase of 1.9 points from February 2014. JetBlue’s preliminary completion factor was 93.4 percent and its on-time (1) performance was 59.7 percent. JetBlue’s preliminary passenger revenue per available seat mile (PRASM) for the month of February increased about three percent year over year, which includes a positive impact of about two and a half points from winter storms during the month. For the first quarter of 2015, PRASM is expected to increase between three and four percent year over year. JetBlue now expects year over year available seat mile growth in the first quarter of 2015 to be between nine and 10 percent, down from prior guidance of 11 to 13 percent due to the winter storms.

JETBLUE AIRWAYS TRAFFIC RESULTS



	February 2015	February 2014	% Change
Revenue passenger miles (000)	2,900,748	2,638,242	10.0%
Available seat miles (000)	3,475,097	3,234,587	7.4%
Load factor	83.5%	81.6%	1.9 pts.
Revenue passengers	2,436,964	2,233,288	9.1%
Departures	22,319	21,090	5.8%
Average stage length	1,103	1,100	0.3%
	Y-T-D 2015	Y-T-D 2014	% Change
Revenue passenger miles (000)	6,083,765	5,423,096	12.2%
Available seat miles (000)	7,360,685	6,599,692	11.5%
Load factor	82.7%	82.2%	0.5 pts.
Revenue passengers	5,096,077	4,577,241	11.3%
Departures	47,426	43,076	10.1%
Average stage length	1,100	1,098	0.2%

(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.

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 32 million customers a year to 87 cities in the U.S., Caribbean and

Latin America with an average of 850 daily flights. Upcoming destinations include: Cleveland on April 30; Reno-Tahoe, Nev. on May 28; and Grenada on June 11, 2015 (subject to receipt of government authority). 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 2014 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

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