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JETBLUE AIRWAYS CORPORATION-2013Annual Report 05
Forward-Looking Information
Statements in this Form 10-K (or otherwise made by JetBlue or on
JetBlue’s behalf) contain various forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, or the
Securities Act, and Section 21E of the Securities Exchange Act of 1934,
as amended, or the Exchange Act, which represent our management’s
beliefs and assumptions concerning future events. When used in this
document and in documents incorporated herein by reference, the
words “expects,” “plans,” “anticipates,” “indicates,” “believes,” “forecast,”
“guidance,” “outlook,” “may,” “will,” “should,” “seeks,” “targets” and similar
expressions are intended to identify forward-looking statements. 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, our extremely competitive
industry; volatility in financial and credit markets which could affect our
ability to obtain debt and/or lease financing or to raise funds through debt
or equity issuances; increases and volatility in fuel prices, maintenance
costs and interest rates; our ability to implement our growth strategy;
our significant fixed obligations and substantial indebtedness; our ability
to attract and retain qualified personnel and maintain our culture as we
grow; our reliance on high daily aircraft utilization; our dependence on
the New York metropolitan market and the effect of increased congestion
in this market; our reliance on automated systems and technology; our
being subject to potential unionization, work stoppages, slowdowns or
increased labor costs; our reliance on a limited number of suppliers; our
presence in some international emerging markets that may experience
political or economic instability or may subject us to legal risk; reputational
and business risk from information security breaches; changes in or
additional government regulation; changes in our industry due to other
airlines’ financial condition; a continuance of the economic recessionary
conditions in the U.S. or a further economic downturn leading to a
continuing or accelerated decrease in demand for domestic and business
air travel; and external geopolitical events and conditions. It is routine
for our internal projections and expectations to change as the year or
each quarter in the year progresses, and therefore it should be clearly
understood that the internal projections, beliefs and assumptions upon
which we base our expectations may change prior to the end of each
quarter or year. Although these expectations may change, we may not
inform you if they do.
You should understand that many important factors, in addition to those
discussed or incorporated by reference in this report, could cause our
results to differ materially from those expressed in the forward-looking
statements. Potential factors that could affect our results include, in
addition to others not described in this report, those described in Item 1A
of this report under “Risks Related to JetBlue” and “Risks Associated with
the Airline Industry.” In light of these risks and uncertainties, the forward-
looking events discussed in this report might not occur.