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Our values aren't just words on a Plaque, we live by them

A Presentation

ON

Swati Tewtiya| Sonam Dutt| Tarang Singal | Shishir Roy

JetBlue Airways IPO Valuation

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U.S Low Fare Air Industry

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Key Persons in the IPO Process

David Barger(JetBlue President and COO)

John Owen(JetBlue CFO)

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JetBlue Airways Corporation was createdby Entrepreneur David Neeleman in July 1999

First Flight of the Airline was betweenNew York and Fort Lauderdale.

JetBlue was one of only U.S. Airlinesthat made a Profit during the sharp downturnin airline travel following the September11,2001 attacks

In March, 2002, JetBlue flies its fiveMillionth Customer

In the same year they were planning for

An Airline that shined in Dark - JetBlue

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Revenue

Growth of JetBlue Airline

Source: http://www.ocf.berkeley.edu/~rickjonh/page3.html

Grow

thin

Revenu

es

http://www.ocf.berkeley.edu/~rickjonh/page3.htmlhttp://www.ocf.berkeley.edu/~rickjonh/page3.htmlhttp://www.ocf.berkeley.edu/~rickjonh/page3.htmlhttp://www.ocf.berkeley.edu/~rickjonh/page3.html

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JetBlue Airlines Strategy

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JetBlue When Compared to other Airlines

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JetBlue Started by followingSouthwest's Approach

Low Cost Airlines in US Market

Both were in high growth Phase

Similar Operating Strategy

Similarities between JetBlue & Southwest

JetBlue

Southwest

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JetBlue Plans to go Public

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Why JetBlue went for IPO

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IPO Process Adopted by JetBlue

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IPO Process Adopted by JetBlue

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Drafting of Prospectus

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Book Building

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Conducting Road Shows

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We Recommend that JetBlue shouldgo ahead with the Price band of$25 - $26 for its Initial Public

Offering

According to DCF Method, Offering

Price for IPO should be $25.31Per Share

Conclusion

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Jet Blues Recent Stock Performance

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Our Promise:

To Continue to bring humanityback to air travel

-JetBlue

Thank YouThank You

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Questions and Answers