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A320 Purchase Agreement [Amendment No. 9] - AVSA SARL and JetBlue Airways Corp.

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                                 Amendment No. 9

                         to the A320 Purchase Agreement
                           Dated as of April 20, 1999

                                     between

                                 AVSA, S.A.R.L.

                                       and

                           JetBlue Airways Corporation

This Amendment No. 9 (hereinafter referred to as the "Amendment") is entered
into as of July 18, 2001, between AVSA, S.A.R.L., a societe a responsabilite
limitee organized and existing under the laws of the Republic of France, having
its registered office located at 2, Rond-Point Maurice Bellonte, 31700 Blagnac,
France (hereinafter referred to as the "Seller"), and JetBlue Airways
Corporation, a corporation organized and existing under the laws of the State of
Delaware, United States of America, having its principal corporate offices
located 80-02 Kew Gardens Road, 6th Floor, Kew Gardens, New York 11415 USA
(hereinafter referred to as the "Buyer").

                                   WITNESSETH

WHEREAS, the Buyer and the Seller entered into an A320 Purchase Agreement, dated
as of April 20, 1999, relating to the sale by the Seller and the purchase by the
Buyer of certain Airbus Industrie A320-200 aircraft (the "Aircraft"), including
twenty-five option aircraft (the "Option Aircraft"), which, together with all
Exhibits, Appendixes and Letter Agreements attached thereto and as amended by
Amendment No. 1, dated as of September 30, 1999, Amendment No. 2; dated as of
March 13, 2000, Amendment No. 3, dated as of March 29, 2000, Amendment No. 4,
dated as of September 29, 2000, Amendment No. 5 dated as of November 7, 2000,
Amendment No. 6 dated as of November 20, 2000, Amendment No. 7 dated as of
January 29 2001 and Amendment No. 8 dated as of May 3, 2001, is hereinafter
called the "Agreement."

WHEREAS the Buyer desires to exercise its option to firmly order an Option
Aircraft


                                                                      AM No. 9-1
<Page>

NOW, THEREFORE, IT IS AGREED AS FOLLOWS

1.    DEFINITIONS

1.1   Capitalized terms used herein and not otherwise defined herein will have
      the meanings assigned to them in the Agreement. The terms "herein,"
      "hereof" and "hereunder" and words of similar import refer to this
      Amendment.

2.    DELIVERY SCHEDULE

2.1   The Buyer hereby exercises its option under Paragraph 2.1 of Letter
      Agreement No. 4 to the Agreement to firmly order Option Aircraft No. 64
      (the "New Firmly Ordered Option Aircraft"). The Buyer and the Seller agree
      to advance its delivery date from January 2004 to May 2002 and to renumber
      the Aircraft chronologically.

2.2   In accordance with Paragraph 3.1 of Letter Agreement No. 4 to the
      Agreement, as a consequence of the Buyer's exercising its option to firmly
      order one (1) Option Aircraft, the Seller offers the Buyer a delivery
      position for one (1) A320 Additional Option Aircraft at the original date
      of the Option Aircraft.

2.3   As a consequence of Paragraphs 2.1 and 2.2 above, the delivery schedule
      set forth in Clause 9.1.1 of the Agreement is hereby canceled and
      replaced by the following quoted provisions:

      QUOTE

<Table>
<Caption>
Cac Id No.    Rank No.    Aircraft                            Delivery
----------    --------    --------                            --------

<S>           <C>         <C>                                 <C>
41 199        No. 1       Firm Aircraft                       [****]          2000
41 200        No. 2       Firm Aircraft                       [****]          2000
41 203        No. 3       Firm Aircraft                       [****]          2000
41 201        No. 4       Firm Aircraft                       [****]          2000
41 202        No. 5       Firm Aircraft                       [****]          2000
41 204        No. 6       Firm Aircraft                       [****]          2000
41 205        No. 7       Firm Aircraft                       [****]          2001
41 206        No. 8       Firm Aircraft                       [****]          2001
41 210        No. 9       Firm Aircraft                       [****]          2001
41 207        No. 10      Firm Aircraft                       [****]          2001
41 208        No. 11      Firm Aircraft                       [****]          2001
</Table>


----------
[****] Represents material which has been redacted and filed separately with
the Commission pursuant to a request for confidential treatment pursuant to
Rule 406 under the Securities Act of 1933, as amended.


                                                                      AM No. 9-2
<Page>

<Table>
<Caption>
Cac Id No.    Rank No.    Aircraft                            Delivery
----------    --------    --------                            --------

<S>           <C>         <C>                                 <C>
41 209        No. 12      Firm Aircraft                       [****]          2001
41 228        No. 13      Firmly Ordered Option Aircraft      [****]          2001
41 211        No. 14      Firm Aircraft                       [****]          2002
41 212        No. 15      Firm Aircraft                       [****]          2002
41 218        No. 16      Firm Aircraft                       [****]          2002
41 224        No. 17      Firmly Ordered Option Aircraft      [****]          2002
41 227        No. 18      New Firmly Ordered Option Aircraft  [****]          2002
41 225        No. 19      Firmly Ordered Option Aircraft      [****]          2002
41 213        No. 20      Firm Aircraft                       [****]          2002
41 214        No. 21      Firm Aircraft                       [****]          2002
41 215        No. 22      Firm Aircraft                       [****]          2002
41 216        No. 23      Firm Aircraft                       [****]          2002
41 217        No. 24      Firm Aircraft                       [****]          2002
41 219        No. 25      Firm Aircraft                       [****]          2003
104 399       No. 26      New Firm A320 Aircraft              [****]          2003
41 220        No. 27      Firm Aircraft                       [****]          2003
41 221        No. 28      Firm Aircraft                       [****]          2003
41 222        No. 29      Firm Aircraft                       [****]          2003
104 400       No. 30      New Firm A320 Aircraft              [****]          2003
104 401       No. 31      New Firm A320 Aircraft              [****]          2003
41 223        No. 32      Firm Aircraft                       [****]          2003
104 402       No. 33      New Firm A320 Aircraft              [****]          2003
104 403       No. 34      New Firm A320 Aircraft              [****]          2003
41 226        No. 35      Firmly Ordered Option Aircraft      [****]          2004
41 245        No. 36      Firmly Ordered Option Aircraft      [****]          2004
41 246        No. 37      Firmly Ordered Option Aircraft      [****]          2004
41 247        No. 38      Firmly Ordered Option Aircraft      [****]          2004
41 248        No. 39      Firmly Ordered Option Aircraft      [****]          2004
104 404       No. 40      New Firm A320 Aircraft              [****]          2004
104 405       No. 41      New Firm A320 Aircraft              [****]          2004
104 406       No. 42      New Firm A320 Aircraft              [****]          2004
104 407       No. 43      New Firm A320 Aircraft              [****]          2004
104 408       No. 44      New Firm A320 Aircraft              [****]          2004
104 409       No. 45      New Firm A320 Aircraft              [****]          2005
104 410       No. 46      New Firm A320 Aircraft              [****]          2005
104 411       No. 47      New Firm A320 Aircraft              [****]          2005
104 412       No. 48      New Firm A320 Aircraft              [****]          2005
104 413       No. 49      New Firm A320 Aircraft              [****]          2005
104 414       No. 50      New Firm A320 Aircraft              [****]          2005
104 415       No. 51      New Firm A320 Aircraft              [****]          2005
</Table>


----------
[****] Represents material which has been redacted and filed separately with
the Commission pursuant to a request for confidential treatment pursuant to
Rule 406 under the Securities Act of 1933, as amended.


                                                                     AM No. 9-3
<Page>

<Table>
<Caption>
Cac Id No.    Rank No.    Aircraft                            Delivery
----------    --------    --------                            --------

<S>           <C>         <C>                                 <C>
104 416       No. 52      New Firm A320 Aircraft              [****]             2005
104 417       No. 53      New Firm A320 Aircraft              [****]             2005
104 418       No. 54      New Firm A320 Aircraft              [****]             2005
104 419       No. 55      New Firm A320 Aircraft              [****]             2006
104 420       No. 56      New Firm A320 Aircraft              [****]             2006
104 421       No. 57      New Firm A320 Aircraft              [****]             2006
104 422       No. 58      New Firm A320 Aircraft              [****]             2006
104 423       No. 59      New Firm A320 Aircraft              [****]             2006
104 424       No. 60      New Firm A320 Aircraft              [****]             2007
104 425       No. 61      New Firm A320 Aircraft              [****]             2007
104 426       No. 62      New Firm A320 Aircraft              [****]             2007
104 427       No. 63      New Firm A320 Aircraft              [****]             2007
104 428       No. 64      New Firm A320 Aircraft              [****]             2007

TBD           No. 65      A320 Additional Option Aircraft     [****]             2004
41 229        No. 66      Option Aircraft                     [****]             2004
41 230        No. 67      Option Aircraft                     [****]             2004
41 231        No. 68      Option Aircraft                     [****]             2004
41 232        No. 69      Option Aircraft                     [****]             2005
41 233        No. 70      Option Aircraft                     [****]             2005
41 234        No. 71      Option Aircraft                     [****]             2006
41 235        No. 72      Option Aircraft                     [****]             2006
41 236        No. 73      Option Aircraft                     [****]             2006
41 237        No. 74      Option Aircraft                     [****]             2006
41 238        No. 75      Option Aircraft                     [****]             2006
41 239        No. 76      Option Aircraft                     [****]             2006
41 240        No. 77      Option Aircraft                     [****]             2006
41 241        No. 78      Option Aircraft                     [****]             2007
41 242        No. 79      Option Aircraft                     [****]             2007
41 243        No. 80      Option Aircraft                     [****]             2007
41 244        No. 81      Option Aircraft                     [****]             2007
69 719        No. 82      A320 Additional Option Aircraft     [****]             2007
69 720        No. 83      A320 Additional Option Aircraft     [****]             2007
69 721        No. 84      A320 Additional Option Aircraft     [****]             2007
69 722        No. 85      A320 Additional Option Aircraft     [****]             2008
69 723        No. 86      A320 Additional Option Aircraft     [****]             2008
69 724        No. 87      A320 Additional Option Aircraft     [****]             2008
69 725        No. 88      A320 Additional Option Aircraft     [****]             2008
96 459        No. 89      A320 Additional Option Aircraft     [****]             2008
104 439       No. 90      Incremental A320 Option Aircraft    [****]             2008
</Table>


----------
[****] Represents material which has been redacted and filed separately with
the Commission pursuant to a request for confidential treatment pursuant to
Rule 406 under the Securities Act of 1933, as amended.


                                                                      AM No. 9-4
<Page>

<Table>
<Caption>
Cac Id No.    Rank No.    Aircraft                            Delivery
----------    --------    --------                            --------

<S>           <C>         <C>                                 <C>
104 440       No. 91      Incremental A320 Option Aircraft    [****]        2008
104 441       No. 92      Incremental A320 Option Aircraft    [****]        2008
104 442       No. 93      Incremental A320 Option Aircraft    [****]        2008
104 443       No. 94      Incremental A320 Option Aircraft    [****]        2008
</Table>

      UNQUOTE

3.    PREDELIVERY PAYMENTS

      Upon signature of this Amendment, the Seller will allocate, as Predelivery
      Payments for the Firmly Ordered Option Aircraft, the Predelivery Payments
      paid by the Buyer in April 2001 for CAC Id No. 41 220 and in June 2001 for
      CAC Id No. 41 221. [****]

4.    DEPOSIT

      In accordance with Paragraph 3 of Letter Agreement No. 4 to the Agreement,
      within thirty (30) days of signature of this Amendment, the Buyer will
      make a nonrefundable deposit of US$ [****] (US dollars--[****]) in
      respect of the A320 Additional Option Aircraft. The Buyers payment of
      this deposit will constitute acceptance of the delivery position for
      this A320 Additional Option Aircraft.

5.    EFFECT OF THE AMENDMENT

      The Agreement will be deemed amended to the extent herein provided, and,
      except as specifically amended hereby, will continue in full force and
      effect in accordance with its original terms. This Amendment supersedes
      any previous understandings, commitments, or representations whatsoever,
      whether oral or written, related to the subject matter of this Amendment.

      Both parties agree that this Amendment will constitute an integral,
      nonseverable part of the Agreement and be governed by its provisions,
      except that if the Agreement and this Amendment have specific provisions
      that are inconsistent, the specific provisions contained in this Amendment
      will govern.


----------
[****] Represents material which has been redacted and filed separately with
the Commission pursuant to a request for confidential treatment pursuant to
Rule 406 under the Securities Act of 1933, as amended.


                                                                      AM No. 9-5
<Page>

6.    CONFIDENTIALITY

      This Amendment is subject to the confidentiality provisions set forth in
      Clause 22.5 of the Agreement.

7.    ASSIGNMENT

      Notwithstanding any other provision of this Amendment or of the Agreement,
      this Amendment will not be assigned or transferred in any manner without
      the prior written consent of the Seller, and any attempted assignment or
      transfer in contravention of the provisions of this Paragraph 7 will be
      void and of no force or effect.

      IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
      executed by their respective officers or agents on the dates written
      below.

                                       AVSA, S.A.R.L.


                                       By: /s/ Francois Besnier
                                           -----------------------------
                                            FRANCOIS BESNIER

                                       Its: AVSA CHIEF EXECUTIVE OFFICER
                                            ----------------------------

                                       Date: July 18, 2001
                                             ---------------------------

JETBLUE AIRWAYS CORPORATION


By: /s/ Thomas E. Anderson
    ----------------------

Its: VICE PRESIDENT
     ---------------------

Date: July 18, 2001
      --------------------


                                                                      AM No. 9-6