Spirit Mergers and Acquisitions Presentation Deck slide image

Spirit Mergers and Acquisitions Presentation Deck

Σ JetBlue & American Will Control Most Capacity from the Northeast (¹) (2) (³)... (2019 Northeast (2) Domestic Market Share) 15% The NEA Is Not "Limited" and "Pro-Competitive" as JetBlue Asserts jetBlue ~2x Delta share and equal to Delta + United's combined share 37% 19% Source: Diio, DOT T-100. 1. Based on 2019 domestic ASMS. 17% ...Which Is the Most Lucrative Market in the U.S... (2019 SLA PRASM) Highest unit revenues in the U.S. 12.1¢ 11.8¢ (2) 11.3¢ 11.1¢ 10.4¢ Northeast Midwest Southwest West ...JetBlue's Most Important Market To / From the Northeast Is Florida (Based on 2019 Domestic ASMS) jetBlue jetBlue spirit The NEA's impact goes well beyond the Northeast and that is why JetBlue has refused to undertake any divestitures that would materially and adversely affect the NEA Southeast 30% of JetBlue's domestic capacity (¹) is between Northeast(2) and Florida 30% 46% of Spirit's domestic capacity(¹) touches Florida 2. Northeast region includes Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. 3. Represents share of 2019 ASMS originating in Northeast region to all domestic locations. 46% JetBlue's Unrealistic Regulatory Analysis Results in an Illusory Offer LO 5
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