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
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