jetBlue Results Presentation Deck

Earnings before interest, taxes, depreciation, amortization, and special Items Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a non-GAAP financial measure. We believes this measure allows investors to better understand the financial performance of the company by presenting earnings from our business operations without including the effects of capital structure, tax rates, depreciation, and amortization. We further adjusted EBITDA to account for the impact of special items which are unusual or infrequent in nature. jetBlue Net income (loss) Less: Interest (expense) Capitalized interest Gain (loss) on equity investments Interest income and other Add back: Income tax expense (benefit) Depreciation and amortization NON-GAAP FINANCIAL MEASURE EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AMORTIZATION, AND SPECIAL ITEMS (in millions) (unaudited) Earnings before interest, taxes, depreciation, and amortization Add back: Special items Earnings before interest, taxes, depreciation, amortization, and special items $ Three Months Ended December 31, (129) $ (39) 3 2021 (10) 2 (34) 142 23 8 31 $ 2019 161 (22) 4 11 59 140 367 1 368 $ $ Twelve Months Ended December 31, 2021 (182) (192) 12 44 (47) (81) 540 460 (833) (373) $ $ $ 2019 569 (79) 14 15 18 199 525 1,325 14 1,339 21

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