jetBlue Results Presentation Deck
All-Time Record Revenue in Q2; Q3 Cycling Against Unprecedented
Demand in 2022
jetBlue
Guidance
4.5% to 7.5%
2Q23 vs. 2Q22 Actuals
6.7%
5.8%
ASMS
3Q23 vs. 3Q22
5.5% to 8.5%
Revenue
ASMS
Guidance
4.5% to 8.5%
(8.0%) to (4.0)%
Revenue
Healthy Demand for Air Travel Overall
Double digit Q2 RASM growth vs. 2019, driven by strength in
peak travel periods and led by Latin leisure, visiting-friends-and-
relatives and transatlantic
ā
ā
Load factors remain very strong, although fares are
normalizing from peak last summer
Remarkable strength in transatlantic markets, supported by
recent inauguration of Paris service and upcoming launch of
Amsterdam service
Transitory Revenue Headwinds in Q3
NYC margin recovery trails rest of system, but the gap is closing
Impacted by NEA wind down, ATC challenges, demand shift to
long-haul international travel, and year-over-year comparison to
unprecedented demand in 2022
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