Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - JETBLUE AIRWAYS CORP | q22015exhibit32.htm |
| EX-31.2 - EXHIBIT 31.2 - JETBLUE AIRWAYS CORP | q22015exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - JETBLUE AIRWAYS CORP | q22015exhibit311.htm |
| EX-10.2 - EXHIBIT 10.2 - JETBLUE AIRWAYS CORP | q22015exhibit102a2011icp.htm |
| EX-10.2(B) - EXHIBIT 10.2(B) - JETBLUE AIRWAYS CORP | q22015exhibit102cdsuform.htm |
| EX-10.1 - EXHIBIT 10.1 - JETBLUE AIRWAYS CORP | q22015exhibit1012011cspp.htm |
| EX-10.2(C) - EXHIBIT 10.2(C) - JETBLUE AIRWAYS CORP | q22015exhibit102dpsuform.htm |
| EX-10.2(A) - EXHIBIT 10.2(A) - JETBLUE AIRWAYS CORP | q22015exhibit102brsuform.htm |
| 10-Q - 10-Q - JETBLUE AIRWAYS CORP | q2201510-qdocument.htm |
Exhibit 12.1
JETBLUE AIRWAYS CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
2015 | 2014 | 2015 | 2014 | |||||||||||||
Earnings: | ||||||||||||||||
Income before income taxes | $ | 250 | $ | 345 | $ | 472 | $ | 351 | ||||||||
Less: Capitalized interest | (2 | ) | (4 | ) | (4 | ) | (7 | ) | ||||||||
Add: | ||||||||||||||||
Fixed charges | 57 | 63 | 114 | 124 | ||||||||||||
Amortization of capitalized interest | 1 | 1 | 2 | 2 | ||||||||||||
Adjusted earnings | $ | 306 | $ | 405 | $ | 584 | $ | 470 | ||||||||
Fixed charges: | ||||||||||||||||
Interest expense | $ | 31 | $ | 37 | $ | 64 | $ | 73 | ||||||||
Amortization of debt costs | 1 | 2 | 2 | 3 | ||||||||||||
Rent expense representative of interest | 25 | 24 | 48 | 48 | ||||||||||||
Total fixed charges | $ | 57 | $ | 63 | $ | 114 | $ | 124 | ||||||||
Ratio of earnings to fixed charges | 5.37 | 6.43 | 5.12 | 3.79 | ||||||||||||