jetBlue Results Presentation Deck
FORGING A STRONG COST TRAJECTORY
(0.5%)
CASM EX-FUEL VERSUS 2019
Actual 3Q22
1% -4%
ASM
16.3%
Estimate 4Q 22*
8.5%
10.5%
-
CASM ex-Fuel
(1)
32.4%
CASM
ā
Planning conservatively given fragile industry
operating environment
- 3Q22 CASM ex-Fuel in-line with guidance, despite
impact from hurricanes.
-
-
Forecasting -7% points of sequential CASM ex-Fuel
improvement in 4Q22 (-5% points after adjusting for
capacity)
Paring back some of the operational investments
from the summer
Early progress from structural cost program as
well as savings from E190 retirements.
Expect to see incremental cost traction into 2023
jetBlue *Denotes guidance
(1) Operating expenses excluding special items; refer to reconciliations of non-GAAP financial measures in Appendix A
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