JetBlue Airlines 2007 Annual Report Download - page 29
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with complying with government regulations. Additional laws, regulations, taxes and airport rates and
charges have been proposed from time to time that could significantly increase the cost of airline
operations or reduce the demand for air travel. If adopted, these measures could have the effect of
raising ticket prices, reducing revenue and increasing costs. We cannot assure you that these and other
laws or regulations enacted in the future will not harm our business.
The U.S. Government currently provides insurance coverage for certain claims resulting from acts
of terrorism, war or similar events. Should this coverage no longer be offered, the coverage that would
be available to us through commercial aviation insurers may have substantially less desirable terms,
result in higher costs and not be adequate to protect our risk, any of which could harm our business.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
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