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updated 00:50, Fri October 05, 2007

JetBlue Traffic Up in September As Capacity Rises and Occupancy Falls

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NEW YORK (AP) -- JetBlue Airways Corp. said Thursday its traffic rose 11.8 percent in September as occupancy fell on increased capacity.

The carrier's traffic rose to 1.84 billion revenue passenger miles last month from 1.64 billion a year earlier. A revenue passenger mile is an industry unit measuring one paying passenger flown one mile.

Capacity rose 13.7 percent to 2.57 billion available seat miles from 2.26 billion in September 2006. An available seat mile is an industry unit that factors in the number of seats available and the number of miles flown.

Occupancy fell to 71.4 percent from 72.6 percent.

JetBlue shares fell 48 cents, or 4.9 percent, to $9.26 in midday trading.

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