JetBlue Airways was founded in 1998 and is headquartered in Long Island City, US

President & CEO

CFO

EVP, People

EVP, Customer Experience

EVP, Corporate Affairs, General Counsel and Corporate Secretary

EVP, Operations

JetBlue Airways has offices in Long Island City, Boston, Washington, Cleveland and in 47 other locations

Long Island City, US (HQ)

27-01 Queens Plaza North

## Revenue (2016) | $6.6 b |

## Revenue growth (2015-16), % | 3% |

## Gross profit | $5.6 b |

## Gross profit margin (2016), % | 84% |

## Net income (2016) | $759 m |

## Market capitalization (21-Mar-2017) | $6.8 b |

## Closing share price (21-Mar-2017) | $20.3 |

## Cash (31-Dec-2016) | $433 m |

JetBlue Airways's current market capitalization is $6.8 b.

- Source: Company Filings

JetBlue Airways's revenue was reported to be $6.6 b in FY, 2016 which is a **3.4% increase** from the previous period.

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Revenue | $5.4 b | $5.8 b | $6.4 b | $6.6 b |

## Revenue growth, % | 7% | 10% | 3% | |

## Cost of goods sold | $1.9 b | $1.9 b | $1.3 b | $1.1 b |

## Gross profit | $3.5 b | $3.9 b | $5.1 b | $5.6 b |

## Gross profit Margin, % | 65% | 67% | 79% | 84% |

## Sales and marketing expense | $223 m | $231 m | $264 m | $259 m |

## General and administrative expense | $1.1 b | $1.3 b | $1.5 b | $1.7 b |

## Operating expense total | $5 b | $5.3 b | $5.2 b | $5.3 b |

## Depreciation and amortization | $290 m | $320 m | $345 m | $393 m |

## EBIT | $428 m | $515 m | $1.2 b | $1.3 b |

## EBIT margin, % | 8% | 9% | 19% | 20% |

## Interest expense | $161 m | $148 m | $128 m | $111 m |

## Interest income | $12 m | $15 m | $9 m | $7 m |

## Pre tax profit | $279 m | $623 m | $1.1 b | $1.2 b |

## Income tax expense | $111 m | $222 m | $420 m | $457 m |

## Net Income | $168 m | $401 m | $677 m | $759 m |

- Source: Company Filings

Y, 2009^{} | Y, 2010^{} | Y, 2011^{} | Y, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|---|---|---|---|

## Cash | $896 m | $465 m | $673 m | $182 m | $225 m | $341 m | $318 m | $433 m |

## Current Assets | $1.1 b | $1.2 b | $1.4 b | $1.6 b | ||||

## Total Assets | $7.4 b | $8.7 b | $9.5 b | |||||

## Accounts Payable | $180 m | $208 m | $205 m | $242 m | ||||

## Total Debt | $2.1 b | $2 b | $1.4 b | $1.2 b | ||||

## Current Liabilities | $1.9 b | $1.9 b | $2.3 b | $2.2 b | ||||

## Additional Paid-in Capital | $1.6 b | $1.7 b | $1.9 b | $2.1 b | ||||

## Retained Earnings | $601 m | $1 b | $1.7 b | $2.4 b | ||||

## Total Equity | $3.2 b | $4 b | ||||||

## Debt to Equity Ratio | 0.4 x | 0.3 x | ||||||

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.1 x | |||||

## Financial Leverage | 2.7 x | 2.4 x |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Net Income | $168 m | $401 m | $677 m | $759 m |

## Cash From Operating Activities | $758 m | $912 m | $1.6 b | $1.6 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 b | $1.6 b | $2.4 b | $2.5 b |

JetBlue Airways's Daily Flights was reported to be 925 in FY, 2016. JetBlue Airways's Passengers was reported to be 38 m in FY, 2016

FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | |
---|---|---|---|---|

## Revenue Passenger Miles | 35.84 b^{} | 37.81 b^{} | 41.71 b^{} | 45.62 b^{} |

## Passenger Load Factor | 83.7%^{} | 84%^{} | 84.7%^{} | 85.1%^{} |

## Passengers | 30 m^{} | 32 m^{} | 35 m^{} | 38 m^{} |

## Daily Flights | 800^{} | 825^{} | 900^{} | 925^{} |

## Available Seat Miles | 42.82 b^{} | 44.99 b^{} | 49.26 b^{} | 53.62 b^{} |

## Destinations | 82^{} | 87^{} | 93^{} | 100^{} |

## Aircraft Fleet | 194^{} | 203^{} | 215^{} | ^{} |

- Source: Company Filings

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