jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

MANAGING NEAR-TERM VOLATILITY; PLANNING FOR STRONG 2022 jetBlue (11.8%) REVENUE GROWTH VERSUS 2019 (7.6%) Actual (9.8%) Oct '21 Nov '21 Dec '21 *Denotes guidance Estimate (5.5%) 3Q21 (9.7%) (11%) - (16%) 4Q21 1Q22* ā— Strong revenue momentum in 4Q21 until Omicron wave Surge in case counts disproportionately impacted the Northeast and international leisure during late 4Q21 - Expect demand improvement sequentially throughout first quarter and beyond - Elevated cancels and refunds offset by strong holiday peaks - Omicron timing greatly impacted first half of 1Q22, but trends have inflected meaningfully, with recent net revenue builds 30 points above first week of January Expect leisure and business travel recovery to resume pre-Omicron trajectory with strong sequential growth Premium leisure continues to be a tailwind, with Mint cabin outperforming during the holidays vs. pre-pandemic levels 9
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