Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
|
New words:
bringing, canceled, faced, history, interrupted, Irma, Maria, methodology, proportion, quantifying, RASM, reclassified, Syracuse, unprecedented
Removed:
customer, decreased, defer, final, recording, voted
Filing tables
Filing exhibits
Related press release
Associated JBLU transcripts
JBLU similar filings
Filing view
External links
Exhibit 12.1
JETBLUE AIRWAYS CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
Three Months Ended September 30, | Nine Months Ended September 30, | ||||||||||||||
2017 | 2016 | 2017 | 2016 | ||||||||||||
Earnings: | |||||||||||||||
Income before income taxes | $ | 293 | $ | 330 | $ | 751 | $ | 942 | |||||||
Less: Capitalized interest | (3 | ) | (2 | ) | (8 | ) | (6 | ) | |||||||
Add: | |||||||||||||||
Fixed charges | 48 | 56 | 145 | 164 | |||||||||||
Amortization of capitalized interest | 2 | 1 | 4 | 3 | |||||||||||
Adjusted earnings | $ | 340 | $ | 385 | $ | 892 | $ | 1,103 | |||||||
Fixed charges: | |||||||||||||||
Interest expense | $ | 22 | $ | 27 | $ | 69 | $ | 82 | |||||||
Amortization of debt costs | 1 | 1 | 3 | 3 | |||||||||||
Rent expense representative of interest | 25 | 28 | 72 | 79 | |||||||||||
Total fixed charges | $ | 48 | $ | 56 | $ | 144 | $ | 164 | |||||||
Ratio of earnings to fixed charges(1) | 7.12 | 6.87 | 6.18 | 6.72 | |||||||||||
____________________________
(1) All ratios shown in the above table have been calculated using unrounded numbers.