jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

Strong Demand Backdrop and Revenue Opportunities Support 2024 Top-Line Expectations jetBlue Guidance 2.0% to 3.0% 4Q23 vs. 4Q22 Actuals 3.3% ASMS (3.7%) Revenue 1Q24 vs. 1Q 23 ASMS (6.0%) to (9.0%) to (3.0%) (5.0%) Revenue Guidance (7.0%) to (4.0%) Revenue in 1H24 Cycling Against a Strong 1H23 ● Investments in Reliability Expected to Continue to Improve Completion Factor and On-Time Performance • Building on continued momentum from solid operational close to 2023 ● Encouraged by sequential RASM momentum and continued demand strength for peak period travel Deploying $300M of Revenue Initiatives Throughout 2024 Aggressively reallocating underperforming capacity to proven premium leisure and visiting-friends-and-relatives markets. Refocusing our efforts to better serve and merchandise all leisure customers with a growing focus on premium leisure customers Driving ancillary revenue per customer from mid to high $50s Continued strategic growth in loyalty program and JetBlue Travel Products ● Margin tailwinds in core NYC geography as LaGuardia transitions towards pre-Northeast Alliance footprint and post-COVID recovery continues ● 6
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