jetBlue Results Presentation Deck

SETTING FOUNDATION FOR STRUCTURALLY BETTER MARGINS jetBlue COST PLAN PROGRESSION -$7.2B** ~$0.53B -$2.7B -$4.0B 2019A -$5.9B** -$0.55B -$2.5B -$2.9B 2021* Variable Fixed D&A *Full year 2021 capacity at 75% of 2019 capacity **Excludes operating expenses related to other non-airline businesses ● ACTIONS Targeting better CASM ex-Fuel than 2019 post-pandemic in 2022* Assumes capacity in 2022 returns to 2019 levels Strong focus on fixed cost reduction Maintaining and scaling $150 - $200M of fixed cost reductions achieved in 2020 Support function cost reduction via technology, automation, process standardization Variable cost efficiencies achieved via productivity and fleet investments made since 2019 scale with growth 2021 includes temporary headwinds from Safety from the Ground Up investments and rents and landing fees *Current planning assumption as of January 28, 2021; does not constitute guidance Note: Rounding may result in immaterial differences 13

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