jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

CREATING VALUE FOR CUSTOMERS, CREW MEMBERS, AND OWNERS ● 3Q 2022 EARNINGS GAAP earnings per share of $0.18; non-GAAP earnings per share of $0.21 (1) Adjusted pre-tax profit of $118M; adjusted pre-tax margin of 4.6% (1) • RASM up 23.4% Yo3Y; CASM up 32.4% Yo3Y (GAAP); CASM ex-Fuel up 16.3% Yo3Y (non-GAAP) (¹) 3Q 2022 BALANCE SHEET In 3Q22, paid down $66M of debt; $260M in CAPEX; $25M cash outflow related to Spirit break fee ● ● ● ● ● ● 4Q 2022 OUTLOOK Capacity up between 1% -4% vs 4Q 2019 RASM up between 15% -19% vs 4Q 2019 CASM ex-Fuel up between 8.5% -10.5% vs 4Q 2019 (1) $272M pre-payment to Spirit shareholders $2.3B of liquidity (2) (3), equal to 28% of 2019 revenue Adjusted Debt to Cap ratio at 53% (1) (3) (1) Refer to reconciliations of non-GAAP financial measures in Appendices A & B jetBlue (2) Liquidity defined as unrestricted cash, cash equivalents, short-term investments and long-term marketable securities (3) As of September 30, 2022 FY 2022 OUTLOOK Capacity up between 0% -2% vs 2019 CASM ex-Fuel up between 13% -14% vs 2019 Generating solid pre-tax margins in 4Q22 4
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