Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - JETBLUE AIRWAYS CORP | Financial_Report.xls |
| 10-Q/A - FORM 10-Q/A - JETBLUE AIRWAYS CORP | y04451e10vqza.htm |
| EX-32 - EX-32 - JETBLUE AIRWAYS CORP | y04451exv32.htm |
| EX-31.2 - EX-31.2 - JETBLUE AIRWAYS CORP | y04451exv31w2.htm |
| EX-31.1 - EX-31.1 - JETBLUE AIRWAYS CORP | y04451exv31w1.htm |
Exhibit 12.1
JETBLUE AIRWAYS CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
(as Restated)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
(as Restated)
| Three Months Ended | Six Months Ended | |||||||||||||||
| June 30, | June 30, | |||||||||||||||
| 2010 | 2009 | 2010 | 2009 | |||||||||||||
Earnings: |
||||||||||||||||
Income (loss) before income taxes |
$ | 52 | $ | 37 | $ | 51 | $ | 59 | ||||||||
Less: capitalized interest |
(1 | ) | (2 | ) | (2 | ) | (4 | ) | ||||||||
Add: |
||||||||||||||||
Fixed charges |
69 | 76 | 141 | 152 | ||||||||||||
Amortization of capitalized interest |
1 | 1 | 1 | 1 | ||||||||||||
Adjusted earnings |
$ | 121 | $ | 112 | $ | 191 | $ | 208 | ||||||||
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 |
1.75 | 1.47 | 1.36 | 1.37 | ||||||||||||