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


                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 4)*

                           JETBLUE AIRWAYS CORPORATION

                                (Name of Issuer)

                                  COMMON STOCK

                         (Title of Class of Securities)

                                   477143 10 1

                                 (CUSIP Number)

                                DECEMBER 31, 2006

             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

    [ ]     Rule 13d-1(b)
    [ ]     Rule 13d-1(c)
    [X]     Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).



CUSIP No.  477143 10 1
--------------------------------------------------------------------------------

     1.     Names of Reporting Persons. I.R.S. Identification Nos. of above
            persons (entities only) Neeleman Holdings, L.C. (I.R.S. ID
            #87-0616638)
            --------------------------------------------------------------------

     2.     Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) [ ]
            --------------------------------------------------------------------
            (b) [ ]
            --------------------------------------------------------------------

     3.     SEC Use Only
            --------------------------------------------------------------------


     4.     Citizenship or Place of Organization  Utah
            --------------------------------------------------------------------
                     5.    Sole Voting Power
                           10,773,281
Number of                  -----------------------------------------------------
Shares               6.    Shared Voting Power
Beneficially               None
Owned by                   -----------------------------------------------------
Each                 7.    Sole Dispositive Power
Reporting                  10,773,281
Person With                -----------------------------------------------------
                     8.    Shared Dispositive Power
                           None
                           -----------------------------------------------------

     9.     Aggregate Amount Beneficially Owned by Each Reporting Person
            10,773,281
            --------------------------------------------------------------------

     10.    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
            (See Instructions) [ ]
            --------------------------------------------------------------------
     11.    Percent of Class Represented by Amount in Row (9) 6.1%
            --------------------------------------------------------------------
     12.    Type of Reporting Person (See Instructions) OO
            --------------------------------------------------------------------





ITEM 1.

           (a)   Name of Issuer
                 JetBlue Airways Corporation
                 ---------------------------------------------------------------
           (b)   Address of Issuer's Principal Executive Offices
                 118-29 Queens Blvd., Forest Hills, New York 11375
                 ---------------------------------------------------------------

ITEM 2.

           (a)   Name of Person Filing
                 Neeleman Holdings, L.C. (I.R.S. #87-0616638)
                 ---------------------------------------------------------------
           (b)   Address of Principal Business Office or, if none, Residence
                 c/o JetBlue Airways Corporation, 118-29 Queens Blvd.,
                 Forest Hills, New York 11375
                 ---------------------------------------------------------------
           (c)   Citizenship
                 Utah
                 ---------------------------------------------------------------
           (d)   Title of Class of Securities
                 Common Stock
                 ---------------------------------------------------------------
           (e)   CUSIP Number
                 477143 10 1
                 ---------------------------------------------------------------

ITEM 3.    IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR
           240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:


           (a)   [ ]  Broker or dealer registered under section 15 of the Act
                      (15 U.S.C. 78o).

           (b)   [ ]  Bank as defined in section 3(a)(6) of the Act (15
                      U.S.C. 78c).

           (c)   [ ]  Insurance company as defined in section 3(a)(19) of
                      the Act (15 U.S.C. 78c).

           (d)   [ ]  Investment company registered under section 8 of the
                      Investment Company Act of 1940 (15 U.S.C 80a-8).

           (e)   [ ]  An investment adviser in accordance with
                      ss.240.13d-1(b)(1)(ii)(E);

           (f)   [ ]  An employee benefit plan or endowment fund in
                      accordance with ss.240.13d-1(b)(1)(ii)(F);

           (g)   [ ]  A parent holding company or control person in
                      accordance with ss. 240.13d-1(b)(1)(ii)(G);

           (h)   [ ]  A savings associations as defined in Section 3(b) of
                      the Federal Deposit Insurance Act (12 U.S.C. 1813);

           (i)   [ ]  A church plan that is excluded from the definition of
                      an investment company under section 3(c)(14) of the
                      Investment Company Act of 1940 (15 U.S.C. 80a-3);

           (j)   [ ]  Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).





This statement constitutes Amendment No. 4 to the statement on Schedule 13G
filed by the undersigned with the Securities Exchange Commission on February 13,
2003. Other than as set for herein there has been no change in the information
reported in Schedule 13G.

ITEM 4. OWNERSHIP

Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.

           (a) Amount beneficially owned: 10,773,281*
               -----------------------------------------------------------------
           (b) Percent of class: 6.1%
               -----------------------------------------------------------------
           (c) Number of shares as to which the person has:
               -----------------------------------------------------------------
               (i)     Sole power to vote or to direct the vote
                       10,773,281*
                       ---------------------------------------------------------
               (ii)    Shared power to vote or to direct the vote
                       None
                       ---------------------------------------------------------
               (iii)   Sole power to dispose or to direct the disposition of
                       10,773,281*
                       ---------------------------------------------------------
               (iv)    Shared power to dispose or to direct the disposition of
                       None
                       ---------------------------------------------------------

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ]

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

Not Applicable.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON

Not Applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

Not Applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP



Not Applicable.

ITEM 10. CERTIFICATION

Not Applicable.

* The shares reported are held by Neeleman Holdings, L.C. David Neeleman, the
Chief Executive Officer and Chairman of the board of directors of JetBlue
Airways Corporation, is the managing member of Neeleman Holdings, L.C.







                                    SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.



                                       February 15, 2006
                                       -----------------
                                              Date

                                       /s/ David Neeleman
                                       -------------------------------
                                            Signature

                                       David Neeleman, Managing Member
                                       -------------------------------
                                            Name/Title