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Would you recommend an investment in this Jet Blue company? (YES or NO) JetBlue Airways Corporation Consolidated Balance Sheets ASSETS CURRENT ASSETs Cash and cash

Would you recommend an investment in this Jet Blue company? (YES or NO)
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JetBlue Airways Corporation Consolidated Balance Sheets ASSETS CURRENT ASSETs Cash and cash Investment socuritios 538 Recevablos loss allowanoe (2017-$1:2016-s5) 245 47 Inventories, less allowance (2017-$14; 2016-$12) Prepaid exponses and othor 1403 7,868 8.091 Total current assets PROPERTY AND EQUIPMENT 8.980 Flight equipmont 204 .184 Total hight equipment and predolivory dleponits, grons Less accumulated depreciation Total flight equipment and predelivery deposits, net Other property and equipment Less accumulated depreciation ,050 1,041 6,268 972 345 627 Total othor property and equipmont, net Assets conatructed for others Less accumulated depreciation 636 561 561 376 Total assets constructed for others, net 8,049 7.271 Total property and equipmont, net OTHER ASSETS Investment securities Restricted cash Other 62 56 468 526 S 9,781 649 Total other assets TOTAL ASSETS PART I ITEM B Financial Statements and Supplementary Data JetBlue Airways Corporation Consolidated Balance Sheets December 31 n miovns, except per share datal LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES ts payable 378 Air traffic lablity Accrued salaries, wages and benelits Other accrued iabilties 215 1.120 313 293 321 Current maturities of long terdebt and capital los Total current liabilities LONG-TERM DEBT AND CAPITAL LEASE OBLIGATIONS CONSTRUCTION OBLIGATION 2,395 1,003 2,214 1,195 457 441 DEFERRED TAXES AND OTHER LIABILITIES 033 75 Deferred income taxes 1,354 Other 1.108 1,444 Total deferred taxes and other labilitios COMMITMENTS AND CONTINGENCIES (Notes 10&11) STOCKHOLDERS' EQUITY Preferred stock, $0.01 par value: 25 shares authorized none issued Common stock, $0.01 par value; 900 shares authorized, 418 and 414 shares issued and 321 and 337 shares outstanding at 2017 and 2016, respectively Treasury stock, at cost: 97 and 77 shares at 2017 and 2016, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive income (800) 2.127 3,503 (500) 2,050 2.446 4,834 9,781 stockholders S 9.323 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY JetBlue Airways Corporation onsolidated Statements of Operations a milions.except per share amounts Years Ended December 31 2017 OPERATING REVENUES Passenger Other $ 5,893 S 6,013 619 6.632 6.288 Total oporating revenues .015 6,416 OPERATING EXPENSES ircraft fuel and relatod taxes Saleries, wages and benofits Landing fees and other rents Depreciation and Aircraft rent Sales and marketing Maintenance, materials and repairs Other operating expenses 1,348 1.540 342 345 1,074 1,887 397 1.698 357 393 122 259 583 267 490 5,200 1.216 5,320 Total operating expenses OPERATING INCOME OTHER INCOME (EXPENSE 1,000 (128) (95) 10 nterest expense Capitalized interest terest income and other (119) (96) 457 $ 759 Total other income (expensel INCOME BEFORE INCOME TAXES 021 420 677 S 1,147 S NET INCOME $ 3,492.32 S 2.22 $ 2.15 1,98 EARNINGS PER COMMON SHARE Basic Diuted etBlue Airways Corporation Consolidated Statements of Cash Flows Years Ended 2017 miions) CASH FLOWS FROM OPERATING ACTIVITIES Net income Adustments to reconcile net income to net cash provided by operating s 1.1 759 S 677 Deterred income taxes 1313 377 337 58 zation 5T Stock-based Collsteral returned for derivative instruments 52 in certain operating assets and labilites: Increase) decrease in receivables (21) increasel in inventories, prepaid and other 15 80 64 67 Increase in air traffic lability 53 Increase in accounts payable and other accrued liabilities Other, net 1,632 Net cash provided by operating activilies CASH FLOWS FROM INVESTING ACTIVITIES 837 (104) Capital expenditures Predelivery deposits for fight equipment 1.074) (128) 850) (161) 276) Purchaso of held-to-maturity invostments 244 Procoeds from the maturities of held-to-maturity investments 242 Purchase of availablo-for-salo socurition 517 Proceeds from the sale of available-for-sale securities Other net 1,134) (1.045) Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Procoeds from Issuance of common stock Repayment of 47 (194) 368) (134) 241) Long-torm debt and capital lease oblgations Acquistion of treasury stock Other, net (472) 115 318 S 433 (23) 341 Net cash used in financing activities INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS Cash and cash equivalents at beginning of period (130) 433 S 303 JetBlue Airways Corporation Consolidated Statements of Stockholders' Equity Accumulated Other Common Common Treasury TreasuryPaid-In Retained Comprehensive Shares 369 Stock Shares Stock Earnings Income (Loss 59 S(125) $ 1,711 $ 1,002 677 Balance at December 31, 2014 $ (63) $2,529 Vesting of restricted stock unts (14) 3 Shares repurchased under 2012 10 227) 15 70 S(366) $ 1,896 1,679 $ 3 $3.210 Balance at December 31, 2015 Cumulative Effect for the adoption 392 759 Vesting of restricted stock units (14) (120) 18 414 $ 2.446 1,147 Balance at December 31, 2016 77 S (500) 2,050 S 13 Vesting of restricted stock units (10) Shares repurchased under 2016 19 41

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