JetBlue Airways

JetBlue Airways Corporation is a passenger airline that operates primarily on point-to-point routes. The Company provides air transportation services across the United States, the Caribbean and Latin America. It also provides premium transcontinental product called Mint. Mint includes approximately 20 fully lie-flat seats, over four of which are in suites with a privacy door. The Company also has Fly-Fi in-flight Internet service across its Airbus fleet.

Company Growth (employees)
Type
Public
HQ
Long Island City, US
Founded
1998
Size (employees)
16,722 (est)-16%
JetBlue Airways was founded in 1998 and is headquartered in Long Island City, US

Key People at JetBlue Airways

Robin Hayes

Robin Hayes

President & CEO
Mark Powers

Mark Powers

CFO
Mike Elliott

Mike Elliott

EVP, People
Joanna Geraghty

Joanna Geraghty

EVP, Customer Experience
James Hnat

James Hnat

EVP, Corporate Affairs, General Counsel and Corporate Secretary
Jeff Martin

Jeff Martin

EVP, Operations

JetBlue Airways Office Locations

JetBlue Airways has offices in Long Island City, Boston, Washington, Cleveland and in 48 other locations
Long Island City, US (HQ)
27-01 Queens Plaza North
Show all (52)

JetBlue Airways Data and Metrics

JetBlue Airways Financial Metrics

JetBlue Airways's revenue was reported to be $1.6 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.6 b

Net income (Q1, 2017)

85 m

EBIT (Q1, 2017)

147 m

Market capitalization (17-Aug-2017)

6.8 b

Cash (31-Mar-2017)

438 m
JetBlue Airways's current market capitalization is $6.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.4 b5.8 b6.4 b6.6 b

Revenue growth, %

7%10%3%

Cost of goods sold

1.9 b1.9 b1.3 b1.1 b

Gross profit

3.5 b3.9 b5.1 b5.6 b

Gross profit Margin, %

65%67%79%84%

Sales and marketing expense

223 m231 m264 m259 m

General and administrative expense

1.1 b1.3 b1.5 b1.7 b

Operating expense total

5 b5.3 b5.2 b5.3 b

Depreciation and amortization

290 m320 m345 m393 m

EBIT

428 m515 m1.2 b1.3 b

EBIT margin, %

8%9%19%20%

Interest expense

161 m148 m128 m111 m

Interest income

12 m15 m9 m7 m

Pre tax profit

279 m623 m1.1 b1.2 b

Income tax expense

111 m222 m420 m457 m

Net Income

168 m401 m677 m759 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.5 b1.5 b1.5 b1.6 b1.7 b1.6 b1.6 b1.7 b1.6 b

Sales and marketing expense

69 m59 m60 m70 m69 m64 m72 m60 m60 m

Operating expense total

69 m59 m60 m70 m69 m64 m72 m60 m60 m

EBIT

141 m164 m253 m282 m351 m349 m313 m354 m147 m

EBIT margin, %

9%11%17%17%21%22%19%20%9%

Interest expense

(39 m)(37 m)(34 m)(32 m)(32 m)(29 m)(28 m)(28 m)(25 m)

Pre tax profit

345 m132 m222 m250 m322 m323 m289 m330 m126 m

Income tax expense

115 m53 m85 m98 m124 m124 m109 m131 m41 m

Net Income

230 m79 m137 m152 m198 m199 m180 m199 m85 m
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

896 m465 m673 m182 m225 m341 m318 m433 m

Current Assets

1.1 b1.2 b1.4 b1.6 b

Total Assets

7.4 b8.7 b9.5 b

Accounts Payable

180 m208 m205 m242 m

Total Debt

2.1 b2 b1.4 b1.2 b

Current Liabilities

1.9 b1.9 b2.3 b2.2 b

Additional Paid-in Capital

1.6 b1.7 b1.9 b2.1 b

Retained Earnings

601 m1 b1.7 b2.4 b

Total Equity

3.2 b4 b

Debt to Equity Ratio

0.4 x0.3 x

Debt to Assets Ratio

0.3 x0.2 x0.1 x

Financial Leverage

2.7 x2.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

454 m449 m599 m422 m544 m757 m935 m873 m438 m

Current Assets

1.3 b1.2 b1.5 b1.4 b1.6 b1.8 b2.1 b2 b1.5 b

Total Assets

7.7 b7.7 b8.3 b8.3 b8.6 b9.1 b9.5 b9.6 b9.5 b

Accounts Payable

210 m196 m248 m266 m264 m260 m341 m267 m270 m

Current Liabilities

1.9 b1.9 b2.2 b2.2 b2.2 b2.5 b2.6 b2.5 b2.4 b

Additional Paid-in Capital

1.6 b1.6 b1.8 b1.8 b1.8 b1.9 b1.9 b2 b2 b

Retained Earnings

835 m914 m1.1 b1.3 b1.5 b1.9 b2.1 b2.3 b2.5 b

Total Equity

2.8 b3 b3.4 b3.6 b3.8 b4 b

Financial Leverage

3 x2.8 x2.7 x2.6 x2.5 x2.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

168 m401 m677 m759 m

Depreciation and Amortization

337 m

Cash From Operating Activities

758 m912 m1.6 b1.6 b

Capital Expenditures

(615 m)(730 m)(837 m)(850 m)

Cash From Investing Activities

(476 m)(379 m)(1.1 b)(1 b)

Cash From Financing Activities

(239 m)(417 m)(487 m)(472 m)

Free Cash Flow

1.4 b1.6 b2.4 b782 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

230 m79 m137 m152 m198 m199 m180 m199 m85 m

Depreciation and Amortization

77 m79 m87 m81 m84 m91 m96 m102 m105 m

Accounts Payable

210 m196 m248 m266 m264 m260 m341 m267 m270 m
USDY, 2017

Revenue/Employee

80.2 k

Financial Leverage

2.4 x

JetBlue Airways Operating Metrics

JetBlue Airways's Daily Flights was reported to be 925 in FY, 2016, which is a 3% increase from the previous period

    JetBlue Airways Market Value History

    JetBlue Airways Revenue Breakdown

    JetBlue Airways Job Categories

    JetBlue Airways Median Salaries

    Source: 78 public H-1B filings from JetBlue Airways

    Traffic Overview of JetBlue Airways

    JetBlue Airways Online and Social Media Presence

    JetBlue Airways News and Updates

    American Airlines is cutting legroom because flying hasn't become terrible enough

    Look, flying is still the quickest, safest way to travel long distances in 2017 but that doesn't mean there aren't more downsides. From increased baggage fees to less carry-on space to weird dress code guidelines, our perception of flying now includes way more hassles than the easy-going luxury …

    Long Beach lawmakers kill proposal to add international flights to city's commercial airport

    After almost two years of study and discussion, Long Beach lawmakers on Tuesday night killed a proposal to add international flights to Latin America at the city’s commercial airport. Following several hours of public comment, the City Council voted 8 to 1 against the idea, which was initiated..…

    The Getaway: How to Navigate New Airline Carry-On Rules

    Hacking the latest airline guidelines for onboard baggage and overhead bin space.

    Remaking Kennedy Airport Is Governor’s Next Big Plan

    Gov. Andrew M. Cuomo of New York wants to spend over $10 billion to rebuild and modernize Kennedy Airport’s terminals and the ways to get there.

    Today: Trump Takes on the GOP, CIA and PRC. A Costly, Flawed Missile Defense System.

    I’m Davan Maharaj, editor-in-chief of the Los Angeles Times. Here are some story lines I don’t want you to miss today. TOP STORIES Trump Takes on the GOP, CIA and PRC Donald Trump campaigned on a vow of “America First,” but international affairs have taken the spotlight as Inauguration Day is ju…

    Former JetBlue flight attendant pleads guilty to smuggling cocaine at LAX

    A former JetBlue Airways flight attendant accused of smuggling nearly 60 pounds of cocaine into the Los Angeles International Airport pleaded guilty Monday afternoon in federal court in Los Angeles, officials said. Marsha Gay Reynolds, 31, of Queens, N.Y., was charged with possession of cocaine.…
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    JetBlue Airways Company Life and Culture

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