Exhibit 99.1
CONTACTS:
Investor Relations
(718)709-2202
ir@jetblue.com
Corporate Communications
(718) 709-3089
CorporateCommunications@jetblue.com
JETBLUE ANNOUNCES 2010 ANNUAL PROFIT
JetBlue Reports Record Fourth Quarter and Full Year Revenues
New York, NY (January 27, 2011)
— JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the fourth quarter and full year 2010:
    Pre-tax income of $15 million in the fourth quarter. This compares to pre-tax income of $20 million in the year-ago period.
 
    For the full year 2010, JetBlue reported pre-tax income of $161 million. This compares to a pre-tax income of $104 million for the full year 2009.
 
    Net income for the fourth quarter was $9 million, or $0.03 per diluted share. This compares to JetBlue’s fourth quarter 2009 net income of $11 million, or $0.04 per diluted share.
 
    For the full year 2010, JetBlue reported net income of $97 million, or $0.31 per diluted share. This compares to net income of $61 million, or $0.21 per diluted share, for the full year 2009.
“Clearly, 2010 was an excellent year for JetBlue,” said Dave Barger, JetBlue’s CEO. “Thanks to the hard work and dedication of our outstanding crewmembers, we successfully transitioned to a new customer service and reservations system, strengthened our network in key markets such as Boston and the Caribbean, and created new revenue opportunities through airline partnerships and other product enhancements. As we look ahead into 2011, we believe we are taking the right steps to continue to strengthen our airline and improve our competitive position.”
Operational Performance
JetBlue reported record fourth quarter operating revenues of $940 million despite severe weather in the Northeast, which reduced revenue by an estimated $30 million. For the full year, operating revenues totaled $3.78 billion, representing an increase of 14.8% over operating revenues of $3.29 billion for the full year 2009.
For the fourth quarter, revenue passenger miles increased 10.1% year-over-year to 6.98 billion on a capacity increase of 6.8%, resulting in a fourth quarter load factor of 81.9%, an increase of 2.5 points year over year.

 


The following information was filed by Jetblue Airways Corp (JBLU) on Thursday, January 27, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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