jetBlue Results Presentation Deck

EXPECT TO ADJUST CAPACITY TO MEET STRATEGIC AND FINANCIAL GOALS jetBlue I! -47% -52% ASM YOY/YO2Y GROWTH Flown -43% Oct '20 Nov '20 Dec '20 Planned -58% Current planning assumption* -47% At least -40% 3Q20 4Q20 1Q21* *Versus 1Q19. Current planning assumption as of January 28, 2021; does not constitute guidance ● Planning to adjust capacity to improve cash burn Reacting to demand softness with tactical capacity actions in most affected and/or restricted regions - - Redeploying aircraft to stronger areas of the network, including new geographies with untapped potential Medium term planning focused on structural rebalancing of the network - Planning 1Q capacity decline of at least (40%) Yo2Y; managing capacity during peaks and troughs, monitoring close-in bookings Diversifying network with new VFR/leisure markets to offset business demand challenges 8

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