jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

Recalibrating H2 as We Navigate Current Challenges jetBlue 2H23 Updating full-year earnings outlook to reflect headwinds... Northeast Alliance (NEA) Wind Down ($0.25) - ($0.20) of FY EPS Impact Northeast ATC and Weather Challenges ($0.25) - ($0.20) of FY EPS Impact Geographic Shift of Pent-Up COVID Demand Towards Long-Haul International ($0.20) ($0.15) of FY EPS Impact ...and the following will help address these challenges: • Reallocating capacity from underperforming NEA routes to higher value leisure opportunities. Expect improvement starting in 1Q24 Collaborating with the FAA to foster transparency to aid in better day-of planning • Challenges expected to dissipate in the fall due to reduced convective weather and air traffic volume • Normalizing demand patterns post-peak summer travel period expected • Going forward, more aggressively redeploying capacity to expected pockets of future demand FY23 EPS outlook $0.05 - $0.40 5
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