jetBlue Results Presentation Deck

Generating Strong Revenue Aided by Commercial Initiatives jetBlue Guidance 8% to 9% 1Q23 vs. 1Q 22 (¹) 34.1% 9.0% ASMS Revenue 2Q23 vs. 2Q22 4.5% to 7.5% 4.5% to 8.5% || ASMS Revenue Guidance 32% to 35% Strong operational start to 2023. ● ● ● Continued multi-year upgrade of operations technology, including the aircraft movement control system in the second quarter. Customer demand remains robust. ● ● Strong execution on completion factor and A14. Fine-tuning our summer capacity plans to help protect operability given air traffic control constraints. ● Demand driven by leisure and visiting-friends-and-relatives (VFR) traffic. In 2022, Q2 and Q3 saw unprecedented pent-up demand. In 2023, seasonality is normalizing. 2Q23 revenue impacted by ~0.5% pts from extended Fort Lauderdale- Hollywood International Airport (FLL) closure in April and immediate aftermath. Commercial initiatives continue to drive strong revenue. NEA poised to grow earnings contribution in 2023 and beyond as growth. matures with improving margin trajectory. Continued transformation of True Blue - launching new program in May, expanded Paisly offerings for non-flight customers, and new card portfolio redemption options. (1) Initial Q1 guidance in January of 28% to 32% YoY for revenue and 5.5% to 8.5% YoY for ASMs. 7

View entire presentation