jetBlue Results Presentation Deck

Maintaining Focus on Controllable Costs Guidance 2.5% to 5.5% CASM ex-Fuel (¹) YoY 5.9% 3Q23 8.5% to 10.5% 4Q23 Focused on Meeting Cost Targets, Structural Cost Program Savings Accelerate in 2H ● ● Continued Challenging ATC Environment Impeded Cost Execution Excluding weather and ATC challenges, 3Q tracked near midpoint of initial guidance Planned operational investments added ~4 points of 3Q CASM Unplanned disruption costs due to greater convective weather and ATC delays versus plan added incremental ~1.5 points of 3Q CASM ● ● Structural Cost Program remains on track to deliver $70M in cost reduction by the end of 2023 and $150-200M through 2024 Expect to save $75M from fleet modernization program through 2024, with over half of savings realized to-date ● Geared Turbofan Powder Metal Defect Expected to Impact 2024 Growth Six aircraft currently out-of-service and expected to rise to high-single to low-double digits by year-end 2024 (1) Operating expense per available seat mile, excluding fuel and related taxes, other non-airline operating expenses, and special items; refer to jetBlue reconciliations of non-GAAP financial measures in Appendix A 10

View entire presentation