JetBlue (NASDAQ: JBLU) Down Despite 2.7% Rise in February Traffic YoY

Shares of JetBlue Airways (NASDAQ:JBLU) are trading 1.1% lower to $5.39 after the company reported that its traffic for February improved 2.7% to 1.91 billion revenue passenger miles or RPMs from 1.86 billion RPMs in the prior year month.

Load factor remained flat at 74.5%.

JetBlue's preliminary passenger revenue per available seat mile for February increased between 1% and 3% year-over-year.