jetBlue Results Presentation Deck

MANAGING LEVERAGE TO PRESERVE LIQUIDITY jetBlue ● ● ● 34% Dec 31 2019 2020 LEVERAGE Adjusted Debt to Cap (¹) 44% 55% Mar 31 2020 Jun 30 2020 58% Sep 30 2020 Refinanced $1B 364-day term loan Received $114M from CARES Act Loan Program Executed over $300M in sale leasebacks for old and new aircraft (1) Refer to reconciliations of non-GAAP financial measures in Appendix A 95 DEBT REPAYMENTS* Principal 3Q 40 Interest (US$ million) 93 50 4Q** *Cash outflows related to debt repayment schedule (principal and interest) as of 9/30/2020; does not assume any future debt raises and does not constitute guidance **Current planning assumption as of October 27, 2020; does not constitute guidance. 14

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