Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - JETBLUE AIRWAYS CORP | Financial_Report.xls |
| 10-Q - FORM 10-Q - JETBLUE AIRWAYS CORP | y03246e10vq.htm |
| EX-32 - EX-32 - JETBLUE AIRWAYS CORP | y03246exv32.htm |
| EX-31.1 - EX-31.1 - JETBLUE AIRWAYS CORP | y03246exv31w1.htm |
| EX-31.2 - EX-31.2 - JETBLUE AIRWAYS CORP | y03246exv31w2.htm |
| EX-10.17.I - EX-10.17.I - JETBLUE AIRWAYS CORP | y03246exv10w17wi.htm |
| EX-3.2.B - EX-3.2.B - JETBLUE AIRWAYS CORP | y03246exv3w2wb.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, | |||||||||||||||
| 2010 | 2009 | 2010 | 2009 | |||||||||||||
Earnings: |
||||||||||||||||
Income (loss) before income taxes |
$ | 51 | $ | 36 | $ | 49 | $ | 56 | ||||||||
Less: capitalized interest |
(1 | ) | (2 | ) | (2 | ) | (4 | ) | ||||||||
Add: |
||||||||||||||||
Fixed charges |
69 | 76 | 141 | 152 | ||||||||||||
Amortization of capitalized interest |
1 | 1 | 1 | 1 | ||||||||||||
Adjusted earnings |
$ | 120 | $ | 111 | $ | 189 | $ | 205 | ||||||||
Fixed charges: |
||||||||||||||||
Interest expense |
$ | 41 | $ | 47 | $ | 86 | $ | 94 | ||||||||
Amortization of debt costs |
2 | 2 | 4 | 4 | ||||||||||||
Rent expense representative of interest |
26 | 27 | 51 | 54 | ||||||||||||
Total fixed charges |
$ | 69 | $ | 76 | $ | 141 | $ | 152 | ||||||||
Ratio of earnings to fixed charges |
1.74 | 1.46 | 1.34 | 1.35 | ||||||||||||