Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - JETBLUE AIRWAYS CORP | y04994e10vq.htm |
| EX-10.1.Y - EX-10.1.Y - JETBLUE AIRWAYS CORP | y04994exv10w1wy.htm |
| EX-10.31.A - EX-10.31.A - JETBLUE AIRWAYS CORP | y04994exv10w31wa.htm |
| EXCEL - IDEA: XBRL DOCUMENT - JETBLUE AIRWAYS CORP | Financial_Report.xls |
| EX-32 - EX-32 - JETBLUE AIRWAYS CORP | y04994exv32.htm |
| EX-31.1 - EX-31.1 - JETBLUE AIRWAYS CORP | y04994exv31w1.htm |
| EX-31.2 - EX-31.2 - JETBLUE AIRWAYS CORP | y04994exv31w2.htm |
| EX-10.32 - EX-10.32 - JETBLUE AIRWAYS CORP | y04994exv10w32.htm |
| EX-10.31.B - EX-10.31.B - JETBLUE AIRWAYS CORP | y04994exv10w31wb.htm |
Exhibit 12.1
JETBLUE AIRWAYS CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
| Three Months Ended | Six Months Ended | |||||||||||||||
| June 30, | June 30, | |||||||||||||||
| 2011 | 2010 | 2011 | 2010 | |||||||||||||
Earnings: |
||||||||||||||||
Income (loss) before income taxes |
$ | 43 | $ | 52 | $ | 49 | $ | 51 | ||||||||
Less: capitalized interest |
(1 | ) | (1 | ) | (2 | ) | (2 | ) | ||||||||
Add: fixed charges |
71 | 69 | 139 | 141 | ||||||||||||
Amortization of capitalized interest |
1 | 1 | 1 | 1 | ||||||||||||
Adjusted earnings |
$ | 114 | $ | 121 | $ | 187 | $ | 191 | ||||||||
Fixed charges: |
||||||||||||||||
Interest expense |
$ | 42 | $ | 41 | $ | 84 | $ | 86 | ||||||||
Amortization of debt costs |
2 | 2 | 4 | 4 | ||||||||||||
Rent expense representative of interest |
27 | 26 | 51 | 51 | ||||||||||||
Total fixed charges |
$ | 71 | $ | 69 | $ | 139 | $ | 141 | ||||||||
Ratio of earnings to fixed charges |
1.60 | 1.75 | 1.34 | 1.36 | ||||||||||||