jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

RETURNING TO SUSTAINED PROFITABILITY ● Adjusted pre-tax loss of ($102M) (1) Adjusted pre-tax profit in June of $9M • Revenue up 16.1% Yo3Y; CASM up 34.7% Yo3Y (GAAP); CASM ex-Fuel up 14.5% Yo3Y (non-GAAP) (¹) ● ● 2Q 2022 EARNINGS GAAP loss per share of ($0.58); non-GAAP loss per share of ($0.47) (1) ● 2Q 2022 BALANCE SHEET In 2Q22, paid down approximately $106M of debt $2.6B of liquidity (2) (3), equal to 32% of 2019 revenue Adjusted Debt to Cap ratio at 54% (1) (3) ● ● ● ● ● ● 3Q 2022 OUTLOOK Capacity between (3%) -0% vs 3Q 2019 RASM up between 19% -23% vs 3Q 2019 CASM ex-Fuel up between 15% -17% vs 3Q 2019 (1) (1) Refer to reconciliations of non-GAAP financial measures in Appendices A & B jetBlue (2) Liquidity defined as unrestricted cash, cash equivalents, short-term investments and long-term marketable securities (3) As of June 30, 2022 FY 2022 OUTLOOK Capacity up between 0% -3% vs 2019. CASM ex-Fuel up between 11% -14% vs 2019 Return to profitability in 2H 2022 6
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