jetBlue Results Presentation Deck

Focused on Maintaining Strong Balance Sheet jetBlue 48% Adjusted Debt to Capital (1) (2) 53% 56% 74% 89% 89% 119% LUV ALK JBLU SAVE DAL UAL AAL ● ● Managing Liquidity We expect to maintain liquidity of $1.5- $2.0B, which equates to ~20% of 2022 revenue. In addition, we have access to a $600M revolving credit facility. Current unencumbered asset base of ~$2.5B. We are managing liquidity based on our CAPEX forecast and shareholder prepayments related to the Spirit transaction. We intend to finance a portion of aircraft deliveries to maintain a healthy liquidity balance. We continue to monitor the market and interest rates. (1) Refer to reconciliations of non-GAAP financial measures in Appendix B (2) As of 3Q22. Total debt is adjusted for total operating leases and pension / post retirement liabilities 10

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