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JBLU (JetBlue Airways) Long-Term Capital Lease Obligation : $838 Mil (As of Mar. 2025)


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What is JetBlue Airways Long-Term Capital Lease Obligation?

JetBlue Airways's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $838 Mil.

JetBlue Airways's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($511 Mil) to Dec. 2024 ($510 Mil) but then increased from Dec. 2024 ($510 Mil) to Mar. 2025 ($838 Mil).

JetBlue Airways's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($639 Mil) to Dec. 2023 ($547 Mil) and declined from Dec. 2023 ($547 Mil) to Dec. 2024 ($510 Mil).


JetBlue Airways Long-Term Capital Lease Obligation Historical Data

The historical data trend for JetBlue Airways's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JetBlue Airways Long-Term Capital Lease Obligation Chart

JetBlue Airways Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 752.00 690.00 639.00 547.00 510.00

JetBlue Airways Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 528.00 532.00 511.00 510.00 838.00

JetBlue Airways  (NAS:JBLU) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

JetBlue Airways Long-Term Capital Lease Obligation Related Terms

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JetBlue Airways Business Description

Industry
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The company has one operating segment, Air Transportation Services, which provides services in the United States, the Caribbean, Latin America, Canada, and Europe. The majority of revenue is generated from the Domestic & Canada segment.
Executives
Ursula L Hurley officer: Chief Financial Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Nik Mittal director JETBLUE AIRWAYS CORPORATION, 27-10 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Gerald Alfred Spencer officer: Principal Accounting Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Carol Ann Clements officer: Chief Digital & Tech Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Brandon Nelson officer: General Counsel Corp Sec C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
O'hagan Sarah Robb director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Vivek Sharma director C/O JETBLUE AIRWAYS CORP, 27-01 QUEENS PLAZA N, LONG ISLAND CITY NY 11101
Thomas Winkelmann director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Ellen Jewett director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
B Ben Baldanza director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Peter Boneparth director 1411 BROADWAY, NEW YORK NY 10018
Monte E Ford director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Robin Hayes director, officer: CEO C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101