JetBlue Airways Corporation Announces Redemption of its 5.50% Convertible Debentures Due 2038 (Series A)

NEW YORK, Oct. 28, 2013 /PRNewswire/ — JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will redeem all of its outstanding 5.50% convertible debentures due 2038 (Series A) (the “Notes”) at a redemption price equal to 100% of the principal amount of the Notes, together with accrued and unpaid interest to, but excluding, the redemption date. Approximately $52,150,000 of the 5.50% Notes remain outstanding as of October 27, 2013. On and after the date of redemption, interest on the 5.50% Notes will cease to accrue.

The trustee and paying agent, Wilmington Trust Company, will send the notices of redemption to the registered holders of the Notes on or about October 28, 2013, with an expected redemption date on December 3, 2013. Notes are to be surrendered to the trustee in exchange for payment of the redemption price. Each holder of the Notes has a right to convert its Notes called for redemption. Further information regarding the mechanics and timing of the calls for redemption will be contained in the applicable trustee notice. Questions relating to, and requests for additional copies of, the notices of redemption should be directed to Wilmington Trust Company (email: MikeOller@WilmingtonTrust.com).

This announcement is not an offer to purchase or solicitation of an offer to purchase or a solicitation of tenders or consents with respect to any Notes and nor shall there be any offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.