Item 7.01 Regulation FD Disclosure.
JetBlue Airways Corporation (the "Company") today issued a press release
reporting December 2019 traffic results and includes guidance for revenue per
available seat mile for the fourth quarter of 2019. The press release is
attached as Exhibit 99.1.
The information furnished in this Item 7.01 shall not be deemed "filed" for
purposes of section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that section, nor shall such information
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, regardless of any general incorporation language in such
filing, except as shall be expressly set forth by specific reference in such
filing.
Statements in this release (or otherwise made by JetBlue or on JetBlue's behalf)
contain various forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, or the Securities Act, and Section 21E
of the Securities Exchange Act of 1934, as amended, or the Exchange Act, 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; our significant fixed obligations and substantial indebtedness;
volatility in fuel prices, maintenance costs and interest rates; our reliance on
high daily aircraft utilization; our ability to implement our growth strategy;
our ability to attract and retain qualified personnel and maintain our culture
as we grow; our reliance on a limited number of suppliers, including for
aircraft, aircraft engines and parts and vulnerability to delays by those
suppliers; our dependence on the New York and Boston metropolitan markets and
the effect of increased congestion in these markets; our reliance on automated
systems and technology; our being subject to potential unionization, work
stoppages, slowdowns or increased labor costs; 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 or cyber-attacks; changes in or additional
domestic or foreign government regulation, including new or increased tariffs;
changes in our industry due to other airlines' financial condition; acts of war
or terrorism; global economic conditions or an economic downturn leading to a
continuing or accelerated decrease in demand for air travel; the spread of
infectious diseases; adverse weather conditions or natural disasters; and
external geopolitical events and conditions. It is routine for our internal
projections and expectations to change as the year or each quarter in the year
progresses, and therefore it should be clearly understood that the internal
projections, beliefs and assumptions upon which we base our expectations may
change prior to the end of each quarter or year.
Given the risks and uncertainties surrounding forward-looking statements, you
should not place undue reliance on these statements. 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 2018
Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. In light of
these risks and uncertainties, the forward-looking events discussed in this
release might not occur. Our forward-looking statements speak only as of the
date of this release. Other than as required by law, we undertake no obligation
to update or revise forward-looking statements, whether as a result of new
information, future events, or otherwise.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number Description
99.1 Press Release dated January 13, 2020 titled "JetBlue Airways
Reports December Traffic"
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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