8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K
                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): February 21, 2007


                           JETBLUE AIRWAYS CORPORATION
             (Exact name of registrant as specified in its charter)


         DELAWARE                   000-49728                 87-0617894
      (State of Other              (Commission             (I.R.S. Employer
      Jurisdiction of              File Number)           Identification No.)
       Incorporation)


              118-29 QUEENS BOULEVARD, FOREST HILLS, NEW YORK 11375
             (Address of principal executive offices)     (Zip Code)


                                 (718) 286-7900
              (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))




ITEM 7.01 REGULATION FD DISCLOSURE

On February 14, 2007, an ice storm hit the New York metropolitan area that
adversely affected JetBlue Airways Corporation's operations. The irregular
operations caused by the storm were exacerbated initially by an insufficient
flight cancellation plan and then by infrastructure issues which resulted in
additional delays and cancellations through February 19, 2007. Beginning on
February 14 and over the following five days, we cancelled approximately 1,200
scheduled flights. Yesterday, JetBlue completed 100% of its scheduled flights.

On February 21, 2007, as a result of the impact of the February 14 storm and
related recovery period, we updated our previously issued earnings guidance via
a press release. The press release is furnished herewith as Exhibit 99.1 and is
incorporated herein by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

     (d)  Exhibits

Exhibit
Number         Description
- ------         -----------

99.1           Press release dated February 21, 2007 of JetBlue Airways
               Corporation announcing revised earnings guidance.


                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                          JETBLUE AIRWAYS CORPORATION

                                                     (Registrant)


Date: February 21, 2007              By:  /s/ HOLLY NELSON
                                          --------------------------------------
                                          Senior Vice President and Controller
                                          (principal accounting officer)

EX-99.1

                                                                    Exhibit 99.1

[JETBLUE AIRWAYS LOGO]


                                                              INVESTOR RELATIONS
                                                                  (203) 669-3191
                                                                  ir@jetblue.com
                                                                  --------------

                        JETBLUE REVISES EARNINGS GUIDANCE

New York, NY (February 21, 2007)--JetBlue Airways Corporation (NASDAQGS: JBLU)
today announced revised first quarter and full year 2007 guidance to incorporate
material changes in its projections due to the service disruptions resulting
from the February 14, 2007 New York metropolitan area ice storm and related
recovery period.

For the first quarter of 2007, JetBlue now expects to report an operating margin
between negative four and negative two percent based on an assumed aircraft fuel
cost per gallon of $1.89, net of hedges. The Company's pre-tax margin is
expected to be between negative ten and negative eight percent for the first
quarter 2007.

JetBlue estimates it will report a full year 2007 operating margin between eight
and ten percent based on an assumed aircraft fuel cost per gallon on $1.94, net
of hedges. The Company's pre-tax margin is expected to be between three and five
percent for the full year 2007.




This press release contains statements of a forward-looking nature which
represent our management's beliefs and assumptions concerning future events.
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;
increases in fuel prices, maintenance costs and interest rates; our ability to
implement our growth strategy, including the timely delivery and reliable
operation of the EMBRAER 190 aircraft; our significant fixed obligations; 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; our reliance on automated systems and technology; our
being subject to potential unionization; our reliance on a limited number of
suppliers; changes in or additional government regulation; changes in our
industry due to other airlines' financial condition; and external geopolitical
events and conditions. Further information concerning these and other factors is
contained in the Company's Securities and Exchange Commission filings, including
but not limited to, the Company's 2006 Annual Report on Form 10-K. We undertake
no obligation to update any forward-looking statements to reflect events or
circumstances that may arise after the date of this update.