Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - JETBLUE AIRWAYS CORP | y03434e10vq.htm |
| EX-32 - EX-32 - JETBLUE AIRWAYS CORP | y03434exv32.htm |
| EX-31.2 - EX-31.2 - JETBLUE AIRWAYS CORP | y03434exv31w2.htm |
| EX-31.1 - EX-31.1 - JETBLUE AIRWAYS CORP | y03434exv31w1.htm |
| EX-10.14 - EX-10.14 - JETBLUE AIRWAYS CORP | y03434exv10w14.htm |
| EX-10.1.W - EX-10.1.W - JETBLUE AIRWAYS CORP | y03434exv10w1ww.htm |
| EX-10.18.I - EX-10.18.I - JETBLUE AIRWAYS CORP | y03434exv10w18wi.htm |
| EX-10.17.H - EX-10.17.H - JETBLUE AIRWAYS CORP | y03434exv10w17wh.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 | ||||||||
| March 31, | ||||||||
| 2010 | 2009 | |||||||
Earnings: |
||||||||
Income (loss) before income taxes |
$ | (2 | ) | $ | 20 | |||
Less: capitalized interest |
(1 | ) | (2 | ) | ||||
Add: fixed charges |
72 | 76 | ||||||
Amortization of capitalized interest |
— | — | ||||||
Adjusted earnings |
$ | 69 | $ | 94 | ||||
Fixed charges: |
||||||||
Interest expense |
$ | 45 | $ | 47 | ||||
Amortization of debt costs |
2 | 2 | ||||||
Rent expense representative of interest |
25 | 27 | ||||||
Total fixed charges |
$ | 72 | $ | 76 | ||||
Ratio of earnings to fixed charges (1) |
— | 1.24 | ||||||
| (1) | Earnings were inadequate to cover fixed charges by $3 million for the three months ended March 31, 2010. |