Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - JETBLUE AIRWAYS CORP | y05127exv32.htm |
| EX-31.2 - EX-31.2 - JETBLUE AIRWAYS CORP | y05127exv31w2.htm |
| EX-31.1 - EX-31.1 - JETBLUE AIRWAYS CORP | y05127exv31w1.htm |
| EX-10.3.V - EX-10.3.V - JETBLUE AIRWAYS CORP | y05127exv10w3wv.htm |
| EX-10.32.A - EX-10.32.A - JETBLUE AIRWAYS CORP | y05127exv10w32wa.htm |
| EXCEL - IDEA: XBRL DOCUMENT - JETBLUE AIRWAYS CORP | Financial_Report.xls |
| 10-Q - FORM 10-Q - JETBLUE AIRWAYS CORP | y05127e10vq.htm |
| EX-10.3.U - EX-10.3.U - JETBLUE AIRWAYS CORP | y05127exv10w3wu.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 | Nine Months Ended | |||||||||||||||
| September 30, | September 30, | |||||||||||||||
| 2011 | 2010 | 2011 | 2010 | |||||||||||||
Earnings: |
||||||||||||||||
Income (loss) before income taxes |
$ | 56 | $ | 97 | $ | 105 | $ | 148 | ||||||||
Less: capitalized interest |
(1 | ) | $ | (1 | ) | (3 | ) | (3 | ) | |||||||
Add: fixed charges |
71 | 71 | 210 | 212 | ||||||||||||
Amortization of capitalized interest |
— | — | 1 | 1 | ||||||||||||
Adjusted earnings |
$ | 126 | $ | 167 | $ | 313 | $ | 358 | ||||||||
Fixed charges: |
||||||||||||||||
Interest expense |
$ | 43 | $ | 43 | $ | 127 | $ | 129 | ||||||||
Amortization of debt costs |
2 | 2 | 6 | 6 | ||||||||||||
Rent expense representative of interest |
26 | 26 | 77 | 77 | ||||||||||||
Total fixed charges |
$ | 71 | $ | 71 | $ | 210 | $ | 212 | ||||||||
Ratio of earnings to fixed charges |
1.78 | 2.36 | 1.49 | 1.69 | ||||||||||||