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JetBlue Airways Reports September Traffic

October 10, 2018

NEW YORK--(BUSINESS WIRE)--Oct 10, 2018--JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for September 2018. Traffic in September increased 18.5 percent from September 2017, on a capacity increase of 19.3 percent. Load factor for September 2018 was 79.7 percent, a decrease of 0.5 points from September 2017. JetBlue’s preliminary completion factor was 98.9 percent and its on-time (1) performance was 77.5 percent.

We have revised guidance for the third quarter of 2018. Revenue per available seat mile (RASM) is expected to increase by approximately 1.7 percent year-over-year, consistent with the prior guidance range of 1.0 to 3.0 percent. The updated third quarter RASM guidance was reduced by approximately 0.4 points related to three named storms within the JetBlue network during the month of September. The negative RASM impact from the storms was the result of refunds to impacted customers and temporarily softer bookings to certain destinations.

(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®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 40 million customers a year to 103 cities in the U.S., Caribbean, and Latin America with an average of 1,000 daily flights. For more information please visit jetblue.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005190/en/

CONTACT: JetBlue Investor Relations

Tel: +1 718-709-2202

ir@jetblue.com

or

JetBlue Corporate Communications

Tel: +1 718-709-3089

corpcomm@jetblue.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TRANSPORT AIR TRAVEL VACATION TRANSPORTATION

SOURCE: JetBlue Airways Corporation

Copyright Business Wire 2018.

PUB: 10/10/2018 07:00 AM/DISC: 10/10/2018 07:01 AM

http://www.businesswire.com/news/home/20181010005190/en

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