<SUBMISSION>
<ACCESSION-NUMBER>0001047469-03-024019
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20030714
<ITEMS>5
<ITEMS>7
<FILING-DATE>20030714
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>JETBLUE AIRWAYS CORP
<CIK>0001158463
<ASSIGNED-SIC>4512
<IRS-NUMBER>870617894
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-49728
<FILM-NUMBER>03785751
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>80-02 KEW GARDENS ROAD
<STREET2>4TH FLOOR
<CITY>KEW GARDENS
<STATE>NY
<ZIP>11415
<PHONE>7182867900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>80-02 KEW GARDENS ROAD
<STREET2>4TH FLOOR
<CITY>KEW GARDENS
<STATE>NY
<ZIP>11415
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a2114680z8-k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#03NYC6271_1">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>

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<P ALIGN="CENTER"><FONT SIZE=5><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>  </B></FONT><FONT SIZE=2><B>Washington, D.C. 20549  </B></FONT></P>

<HR NOSHADE ALIGN="CENTER" WIDTH="120">
<P ALIGN="CENTER"><FONT SIZE=5><B>FORM 8-K  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=3><B>CURRENT REPORT  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=3><B> PURSUANT TO SECTION 13 OR 15(d) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>Date of Report (Date of earliest event reported): </FONT><FONT SIZE=2><B>July&nbsp;14, 2003</B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=5><B>JETBLUE AIRWAYS CORPORATION<BR>  </B></FONT><FONT SIZE=2>(Exact name of registrant as specified in its charter) </FONT></P>

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<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2><B>Delaware</B></FONT><FONT SIZE=2><BR>
(State of other jurisdiction of<BR>
incorporation)</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2><B>000-49728</B></FONT><FONT SIZE=2><BR>
(Commission<BR>
File Number)</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2><B>87-0617894</B></FONT><FONT SIZE=2><BR>
(I.R.S. Employer<BR>
Identification No.)</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2><B>118-29 Queens Boulevard, Forest Hills, New York 11375<BR>  </B></FONT><FONT SIZE=2>(Address of principal executive offices)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip Code)
</FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>(718)&nbsp;709-3026</B></FONT><FONT SIZE=2><BR>
(Registrant's telephone number, including area code) </FONT></P>

<HR NOSHADE>
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<P><FONT SIZE=2><A
NAME="page_da6271_1_2"> </A> </FONT> <FONT SIZE=2><B>Item 5. Other Events and Regulation FD Disclosure  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On July&nbsp;14, 2003, JetBlue Airways Corporation issued two press releases. The first press release, issued in connection with its Rule&nbsp;144A offering
of convertible notes, announced the exercise of the initial purchasers' option to purchase additional convertible notes. The second press release, issued in connection with JetBlue's public offering
of common stock, announced the exercise of the underwriters' option to purchase additional shares of JetBlue common stock. These press releases are filed herewith as Exhibit&nbsp;99.1 and
Exhibit&nbsp;99.2, respectively, and are incorporated by reference herein. </FONT></P>

<P><FONT SIZE=2><B>Item 7. Financial Statements, Pro Forma Financial Information and Exhibits  </B></FONT></P>

<UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2>Exhibits
</FONT></DD></DL>
</UL>
<BR>

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<TR VALIGN="BOTTOM">
<TH WIDTH="10%" ALIGN="CENTER"><FONT SIZE=1><B>Exhibit<BR>
Number</B></FONT><HR NOSHADE></TH>
<TH WIDTH="3%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="88%" ALIGN="CENTER"><FONT SIZE=1><B>Description</B></FONT><HR NOSHADE></TH>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2>99.1</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2>Press Release dated July 14, 2003, titled "JETBLUE ANNOUNCES PURCHASERS' EXERCISE OF OPTION TO PURCHASE ADDITIONAL CONVERTIBLE NOTES."</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2>99.2</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2>Press Release dated July 14, 2003, titled "JETBLUE ANNOUNCES EXERCISE OF UNDERWRITERS' COMMON STOCK OVER-ALLOTMENT OPTION."</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2>2</FONT></P>

<HR NOSHADE>
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NAME="page_dc6271_1_3"> </A> </FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dc6271_signature"> </A>
<A NAME="toc_dc6271_1"> </A>
<BR></FONT><FONT SIZE=2><B>SIGNATURE    <BR>    </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized. </FONT></P>

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<TD WIDTH="47%"><FONT SIZE=2>Dated: July&nbsp;14, 2003</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2>JETBLUE AIRWAYS CORPORATION</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>HOLLY L. NELSON</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="44%"><HR NOSHADE><FONT SIZE=2> Holly L. Nelson<BR>
Vice President and Controller</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2>3</FONT></P>

<HR NOSHADE>
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NAME="page_de6271_1_4"> </A> </FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="de6271_exhibit_index"> </A>
<A NAME="toc_de6271_1"> </A>
<BR></FONT><FONT SIZE=2><B>EXHIBIT INDEX    <BR>    </B></FONT></P>

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<TH WIDTH="10%" ALIGN="LEFT"><FONT SIZE=1><B>Exhibit Number<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="70%" ALIGN="CENTER"><FONT SIZE=1><B>Description</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="16%" ALIGN="CENTER"><FONT SIZE=1><B>Location</B></FONT><HR NOSHADE></TH>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2>99.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Press Release dated July 14, 2003, titled "JETBLUE ANNOUNCES PURCHASERS' EXERCISE OF OPTION TO PURCHASE ADDITIONAL CONVERTIBLE NOTES."</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%" ALIGN="RIGHT"><FONT SIZE=2>Filed herewith</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2>99.2</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Press Release dated July&nbsp;14, 2003, titled "JETBLUE ANNOUNCES EXERCISE OF UNDERWRITERS' COMMON STOCK OVER-ALLOTMENT OPTION."</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%" ALIGN="RIGHT"><FONT SIZE=2>Filed herewith</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2>4</FONT></P>

<HR NOSHADE>
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<BR>
<P><br><A NAME="03NYC6271_1">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_dc6271_1">SIGNATURE</A></FONT><BR>
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<FONT SIZE=2><A HREF="#toc_de6271_1">EXHIBIT INDEX</A></FONT><BR>
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</BODY>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>a2114680zex-99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#03NYC6271_2">QuickLinks</A></FONT>
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<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="page_kf6271_1_5"> </A> </FONT></P>

<!-- TOC_END -->
<P ALIGN="RIGHT"><FONT SIZE=2><B>Exhibit&nbsp;99.1  </B></FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TD WIDTH="35%" VALIGN="TOP"><FONT SIZE=3><B>FOR IMMEDIATE RELEASE</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP"><FONT SIZE=3>&nbsp;</FONT></TD>
<TD WIDTH="62%" VALIGN="TOP"><FONT SIZE=3><B>CONTACT:</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="35%"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="62%"><FONT SIZE=2><BR>
INVESTOR RELATIONS:<BR>
Amy Carpi<BR>
amy.carpi@jetblue.com<BR>
Ph: 203 656-7651</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="62%"><FONT SIZE=2><BR>
CORPORATE COMMUNICATIONS:<BR>
Gareth Edmonson-Jones<BR>
gareth.edmondson-jones@jetblue.com<BR>
Ph: 718 709-3089</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="kf6271_jetblue_announces_purchasers____jet03668"> </A>
<A NAME="toc_kf6271_1"> </A>
<BR></FONT><FONT SIZE=2><B>JETBLUE ANNOUNCES PURCHASERS' EXERCISE OF OPTION<BR>  TO PURCHASE ADDITIONAL CONVERTIBLE NOTES    <BR>    </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>New York, NY (July&nbsp;14, 2003)</B></FONT><FONT SIZE=2>&#151;JetBlue Airways Corporation (Nasdaq: JBLU) today announced that
the initial purchasers in its offering of $150&nbsp;million principal amount of 3<SUP>1</SUP>/<SMALL>2</SMALL>% Convertible Notes due 2033 have exercised their option to purchase an additional
$25&nbsp;million principal amount of the notes.&nbsp;&nbsp;&nbsp;&nbsp;With the exercise of the initial purchasers' option, the aggregate net proceeds of JetBlue's offering of convertible notes will be
approximately $170.7&nbsp;million, after deducting the initial purchasers' discounts and estimated expenses of the offering. JetBlue will use these net proceeds for working capital and capital
expenditures, including capital expenditures related to the purchase of aircraft and
construction of facilities on or near airports. The offering of the notes, including the exercise of the initial purchasers' option, is expected to close on July&nbsp;15, 2003. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
notes being offered and the common stock issuable upon conversion of the notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws,
and may not be offered or sold in the United States absent registration under, or an applicable exemption from, the registration requirements of the Securities Act of 1933, as amended and applicable
state securities laws. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such
an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule&nbsp;135c under the Securities Act of 1933, as amended. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>5</FONT></P>

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<BR>
<P><br><A NAME="03NYC6271_2">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_kf6271_1">JETBLUE ANNOUNCES PURCHASERS' EXERCISE OF OPTION TO PURCHASE ADDITIONAL CONVERTIBLE NOTES</A></FONT><BR>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>a2114680zex-99_2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#03NYC6271_3">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="page_kh6271_1_7"> </A> </FONT></P>

<!-- TOC_END -->
<P ALIGN="RIGHT"><FONT SIZE=2><B>Exhibit&nbsp;99.2  </B></FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TD WIDTH="35%" VALIGN="TOP"><FONT SIZE=3><B>FOR IMMEDIATE RELEASE</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP"><FONT SIZE=3>&nbsp;</FONT></TD>
<TD WIDTH="62%" VALIGN="TOP"><FONT SIZE=3><B>CONTACT:</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="62%"><FONT SIZE=2>INVESTOR RELATIONS:<BR>
Amy Carpi<BR>
amy.carpi@jetblue.com<BR>
Ph: 203 656-7651</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="62%"><FONT SIZE=2><BR>
CORPORATE COMMUNICATIONS:<BR>
Gareth Edmonson-Jones<BR>
gareth.edmondson-jones@jetblue.com<BR>
Ph: 718 709-3089</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="kh6271_jetblue_announces_exercise_of___jet03224"> </A>
<A NAME="toc_kh6271_1"> </A>
<BR></FONT><FONT SIZE=2><B>JETBLUE ANNOUNCES EXERCISE OF UNDERWRITERS'<BR>  COMMON STOCK OVER-ALLOTMENT OPTION    <BR>    </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>New York, NY (July&nbsp;14, 2003)</B></FONT><FONT SIZE=2>&#151;JetBlue Airways Corporation (Nasdaq: JBLU) today announced that
the underwriters of its public offering of 2,600,000 shares of newly issued common stock have exercised in full their over-allotment option to purchase an additional 390,000 shares of
JetBlue common stock. With the exercise of the underwriters' option, the aggregate net proceeds of JetBlue's common stock offering will be approximately $122.4&nbsp;million, after deducting
underwriting discounts and commissions and estimated expenses of the offering. JetBlue anticipates using the net proceeds from this offering to fund working capital and capital expenditures, including
capital expenditures related to the purchase of aircraft and construction of facilities on or near airports. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan
Stanley is the sole bookrunning manager on this transaction, with Raymond James&nbsp;&amp; Associates,&nbsp;Inc. acting as the co-lead manager and Blaylock&nbsp;&amp;
Partners, L.P. as co-manager. A copy of the final prospectus may be obtained from the offices of Morgan Stanley&nbsp;&amp; Co. Incorporated, 1585 Broadway, New York, NY 10036. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JetBlue
is a low-fare, low-cost passenger airline, which provides high-quality customer service. JetBlue operates a fleet of 45 new Airbus A320
aircraft and is scheduled to place into service another eight A320s by the end of 2003. The airline recently placed an order for 100 EMBRAER 190 aircraft with options for an additional 100. The first
EMBRAER 190 is scheduled to be delivered in mid 2005. All JetBlue aircraft feature roomy all-leather seats each equipped with free live satellite television, offering up to 24 channels of
DIRECTV&reg; Programming at every seat.** </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
its base at New York City's John F. Kennedy International Airport, JetBlue flies to: Fort Lauderdale, Fort Myers, Orlando, Tampa and West Palm Beach, FL; Buffalo, Rochester and
Syracuse, NY; Long Beach, Oakland, Ontario, and San Diego, CA; Burlington, VT; Denver, CO; Las Vegas, NV; New Orleans, LA; Salt Lake City, UT; San Juan, Puerto Rico; and Seattle, WA. From Washington
DC, the airline serves Fort Lauderdale, FL, and Long Beach and Oakland, CA. From Long Beach, CA, the airline serves Atlanta, GA, Oakland, CA, Las Vegas, NV, Ft. Lauderdale, FL and Salt Lake City, UT. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way, and a Saturday night stay is never required. For more information, schedules and fares,
please visit www.jetblue.com or </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>7</FONT></P>

<HR NOSHADE>
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<A NAME="page_kh6271_1_8"> </A>
<BR>

<P><FONT SIZE=2>call
JetBlue reservations at 1-800-JETBLUE (538-2583). This press release, as well as past press releases, can be found on www.jetblue.com. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>#&nbsp;&nbsp;&nbsp;&nbsp;#&nbsp;&nbsp;&nbsp;&nbsp;#
</FONT></P>

<P><FONT SIZE=2>**
DIRECTV&reg; service is not available on flights between New York City and San Juan, Puerto Rico. </FONT></P>

<P><FONT SIZE=2><I>This press release contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements
involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward looking statements due to
many factors, including without limitation, potential hostilities in the Middle East or other regions, our ability to implement our growth strategy and our dependence on the New York market, our fixed
obligations and our limited operating history, seasonal fluctuations in our operating results, increases in maintenance costs, fuel prices and interest rates, our competitive environment, our reliance
on sole suppliers, government regulation, our failure to properly integrate LiveTV or enforce its patents, our ability to hire qualified personnel, the loss of key personnel and potential problems
with our workforce including work stoppages, and continuing changes in the airline industry following the September&nbsp;11th terrorist attacks and the increased risk of future attacks, as well as
potential risks with respect to, delivery, placing into service and integration into our operations of the EMBRAER 190 aircraft. Additional information concerning these and other factors is contained
in the Company's Securities and Exchange Commission filings, including but not limited to, the Company's 2002 Annual Report on Form&nbsp;10-K. We undertake no obligation to update any
forward-looking statements to reflect events or circumstances that may arise after the date of this release.</I></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>8</FONT></P>

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<BR>
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<FONT SIZE=2><A HREF="#toc_kh6271_1">JETBLUE ANNOUNCES EXERCISE OF UNDERWRITERS' COMMON STOCK OVER-ALLOTMENT OPTION</A></FONT><BR>
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