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Thu, Oct 20, 2011

Search Is On For New JetBlue CFO

Carrier Announces Leadership Change As Ed Barnes Resigns

Ed Barnes has resigned as the CFO of budget carrier JetBlue Airways. His resignation was effective Tuesday.

Barnes joined JetBlue in 2006 as Vice President, Cost Management and Financial Analysis, and was promoted to CFO in 2008. Mark Powers, Treasurer, will serve the company as CFO effective immediately for an interim period as the company conducts a search for a new CFO. Mr. Powers joined JetBlue in 2006 as Treasurer and Vice President Corporate Finance. He was promoted to Senior Vice President Treasurer in 2007.

"Under Ed's leadership, our company has benefitted from a stronger financial discipline, allowing us to plan a sustainable growth strategy," said Dave Barger, JetBlue's President and CEO. "The financial team Ed built will continue to serve JetBlue well, and we wish him well in his future endeavors."

FMI: www.jetblue.com

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