Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - JETBLUE AIRWAYS CORP | q12017exhibit32.htm |
| EX-31.2 - EXHIBIT 31.2 - JETBLUE AIRWAYS CORP | q12017exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - JETBLUE AIRWAYS CORP | q12017exhibit311.htm |
| EX-10.2 - EXHIBIT 10.2 - JETBLUE AIRWAYS CORP | q12017exhibit102.htm |
| EX-10.1(A) - EXHIBIT 10.1(A) - JETBLUE AIRWAYS CORP | q12017exhibit101a.htm |
| EX-10.1 - EXHIBIT 10.1 - JETBLUE AIRWAYS CORP | q12017exhibit101.htm |
| 10-Q - 10-Q - JETBLUE AIRWAYS CORP | q1201710-qdocument.htm |
Exhibit 12.1
JETBLUE AIRWAYS CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
Three Months Ended March 31, | |||||||
2017 | 2016 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 126 | $ | 323 | |||
Less: Capitalized interest | (2 | ) | (2 | ) | |||
Add: | |||||||
Fixed charges | 48 | 53 | |||||
Amortization of capitalized interest | 1 | 1 | |||||
Adjusted earnings | $ | 173 | $ | 375 | |||
Fixed charges: | |||||||
Interest expense | $ | 24 | $ | 28 | |||
Amortization of debt costs | 1 | 1 | |||||
Rent expense representative of interest | 23 | 25 | |||||
Total fixed charges | $ | 48 | $ | 54 | |||
Ratio of earnings to fixed charges(1) | 3.59 | 7.03 | |||||
____________________________
(1) All ratios shown in the above table have been calculated using unrounded numbers.