JetBlue reports February traffic

JetBlue Airways February traffic increased 10% from February 2014, on a capacity increase of 7.4%. Load factor for February 2015 was 83.5%, an increase of 1.9 points from February 2014. JetBlue’s preliminary completion factor was 93.4% and its on-time performance was 59.7%. 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.