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Form 4 JETBLUE AIRWAYS CORP For: May 05 Filed by: CHECKETTS DAVID W

May 10, 2016 5:12 PM EDT
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
CHECKETTS DAVID W

(Last) (First) (Middle)
JETBLUE AIRWAYS CORPORATION
27-01 QUEENS PLAZA NORTH

(Street)
LONG ISLAND CITY NY 11101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
JETBLUE AIRWAYS CORP [ JBLU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/05/2016   M   13,500 A $ 10.615 65,747 D  
Common Stock 05/05/2016   S   11,014 (2) D $ 19.29 54,733 D  
Common Stock 05/05/2016   S   2,486 (2) D $ 19.3 52,247 D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 10.615 05/05/2016   M     13,500 05/18/2007 (1) 05/18/2016 Common Stock 13,500 $ 0 0 D  
Explanation of Responses:
1. The option vested one year from the grant date on May 18, 2007.
2. Concurrent sale of shares resulting from an exercise of options granted on May 18, 2006 and expiring on May 18, 2016.
/s/ Eileen McCarthy by power of attorney for David Checketts 05/10/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

Know all by these presents, that the undersigned
hereby authorizes James G. Hnat and Eileen P.
McCarthy of JetBlue Airways Corporation, a
Delaware corporation (the "Company") individually
to execute for and on behalf of the undersigned, in
the undersigned's capacity as a Director of the
Company, Forms 4 and 5, and any amendments thereto,
and cause such form(s) to be filed with the United
States Securities and Exchange Commission
pursuant to Section 16(a) of the Securities Act
of 1934, relating to the undersigned's beneficial
ownership of securities in the Company.  The
undersigned hereby grants to such attorney-in-fact
full power and authority to do and perform any
and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise
of any of the rights and powers herein granted,
as fully to all intents and purposes as the undersigned
might or could do if personally present, with full
power of substitution or revocation, hereby
ratifying and confirming all such attorney-in-fact,
or such attorney-in-fact's substitute or substitutes,
shall lawfully do or cause to be done by virtue
of this power of attorney and the rights and
powers herein granted.

The undersigned acknowledges that the foregoing
attorney-in-fact, in serving in such capacity at the
request of the undersigned, is not assuming, nor
is the Company assuming, any of the undersigned's
responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and
effect only until the earlier of (1)  the undersigned is no
longer required to file Forms 4 and 5 with respect to the
undersigned's holdings of, and transactions in, securities
issued by the Company; (2) this Power of Attorney is
revoked by the undersigned in a signed writing delivered to
the foregoing attorney-in-fact; or (3) as to a specific
attorney-in-fact, employment of such
attorney-in-fact by the Company is terminated.

IN WITNESS WHEREOF, the undersigned has
caused this Power of Attorney to be executed
as of this 21st day of March, 2016.

/s/ David Checketts__________________________
DAVID CHECKETTS



STATE OF NEW YORK)
) ss.:
COUNTY OF QUEENS)

On this 21st day of March, 2016, before me
personally came DAVID CHECKETTS to me known
and known to me to be the individual described in
and who executed the foregoing instrument, and duly
acknowledged to me that he executed the same.

/s/ Clare Gluck_
Notary Public [stamp]



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