jetBlue Results Presentation Deck
PRIORITIZING COST CONTROL
(5.4%)
CASM EX-FUEL VERSUS 2019
Actual 4Q21
(1%) - 2%
ASM
16.3%
Estimate 1Q 22*
I
13%
15%
CASM ex-Fuel
(1)
14.4%
CASM
13%
15%
ā
Confident in plan to maintain competitive cost
structure
COVID related crew cancels resulted in higher
incremental costs; expect efficiencies going forward
as schedule settles into a 'new normal'
Excluding impact of transitory headwinds, CASM
ex-Fuel would be 8% to 10% Yo3 in 1Q22
Sequential progress expected throughout 2022 as
JetBlue restores aircraft utilization to serve expected
demand recovery and transitory headwinds.
dissipate
jetBlue *Denotes guidance
(1) Operating expenses excluding special items; refer to reconciliations of non-GAAP financial measures in Appendix A
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