JetBlue Flight Operations Disrupted by Hurricane Melissa and FAA Emergency Directive

Reuters12-02
JetBlue Flight Operations Disrupted by Hurricane Melissa and FAA Emergency Directive

JetBlue Airways Corporation experienced disruptions in its fourth quarter operations due to Hurricane Melissa in Jamaica and cancellations related to a temporary reduction in flight operations mandated by the Federal Aviation Administration (FAA) during a government shutdown. These events resulted in an approximate one point reduction in available seat mile $(ASM)$ growth and impacted non-fuel unit cost growth. Additionally, JetBlue was affected by the FAA's emergency airworthiness directive on Airbus A320-family aircraft, but has since completed the necessary software updates and resumed normal operations. The company continues to assess any potential financial impact from these events.

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