jetBlue Results Presentation Deck

Sixth Consecutive Quarter Meeting or Exceeding Quarterly Cost Expectations jetBlue Guidance 1.5% to 3.5% CASM ex-Fuel(¹) YoY 2.5% to 5.5% 3.2% 2Q23 3Q23 Impact from ATC challenges. and operational investments (2) Continued Cost Execution Delivered Q2 CASM ex-Fuel in line with expectations despite increased cost pressures from challenging operational environment. ● ● Continued Successful Execution of Structural Cost Program Well on track to driving $70M in cost reduction by the end of 2023 and $150-200M through 2024 ● ● Proactive operational investments added 1 point of CASM P Severe ATC challenges added incremental -1 point of CASM Flooding in Fort Lauderdale added ~0.5 points of CASM ● We expect to save $75M from fleet modernization program through 2024 and have realized over half of savings to-date Focused on Meeting Cost Targets Reiterating full year CASM ex-Fuel target as cost execution offsets ~1.5 points of cost headwinds from severe ATC disruptions (1) Operating expenses excluding special items; refer to reconciliations of non-GAAP financial measures in Appendix A (2) Impact in Q2~2.5 points; Q3 -~4.0 points 10

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