jetBlue Results Presentation Deck

ADJUSTING CAPACITY TO EVOLVING DEMAND TRENDS -85% April jetBlue 2020 -91% May ASM YOY GROWTH Flown -79% June Planned -4% 1Q Current planning assumption* | -85% 2Q -45% 3Q* *Current planning assumption as of July 28, 2020; does not constitute guidance ● Significant capacity reductions in 2Q in response to lower demand 2Q capacity down (85%) YoY; continued to manage scheduled and close-in cancels Near-term capacity actions aimed at generating cash 3Q capacity aimed at cash generation opportunities Planning Q3 capacity decline of at least ~(45%) YoY; managing capacity to drive improvements in bookings - and revenue Adapting quickly to volatile revenue trends; reduced August schedules ~20% in late July in response to demand stalling in July 9

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