jetBlue Results Presentation Deck

FOCUSED ON NEAR AND LONG TERM RECOVERY PLAN jetBlue 2020 1. Reduce Cash Burn 2. Rebuild Margins 3. Repair Balance Sheet ● ● ● ● ● Balance capacity, aligning variable costs to revenue trends Support cash generation with tactical network actions Reduce working capital and near-term CAPEX Generate operating cash, working towards positive free cash flow Reduce fixed cost base to support recovery efforts Balance ROIC-accretive fleet and technology investments Aim to achieve pre-COVID investment grade metrics Balance CAPEX in light of required debt payments Maintain liquidity to mitigate impact of demand environment 5

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