JetBlue Traffic Falls 8.3 Percent in February

JetBlue Airways reported that its traffic in February decreased 8.3 percent from February 2008, on a capacity decrease of 5.5 percent. Load factor for February 2009 was 74.5 percent, a decrease of 2.3 points from February 2008.

JetBlue’s preliminary completion factor was 99.4 percent and its on-time performance was 81.2 percent. Paying passengers flew 1.86 billion miles in February, down from 2.03 billion miles a year earlier.

Capacity shrank by 5.5 percent, to 2.50 billion available seat miles from 2.64 billion in February 2008. JetBlue’s preliminary passenger revenue per available seat mile for the month of February increased 1 percent year over year.