jetBlue Results Presentation Deck

DEMAND CHALLENGES CONTINUE; FOCUS ON LONG TERM RECOVERY jetBlue REVENUE YOY/YO2Y GROWTH -70% Actual Current planning assumption* ||| |||| -69% -67% -76% -64% Estimate Oct '20 Nov '20 Dec '20 -65% -70% 3Q20 4Q 20 1Q 21* *Versus 1Q19. Current planning assumption as of January 28, 2021; does not constitute guidance ● 4Q20 revenue driven by COVID-19 trends, demand improved modestly vs 3Q20 Relatively strong revenue in October; trends stalled in early November, mainly driven by case counts Close-in strength in volumes during December holiday weeks Expect continued demand softness during 1Q21 Improving system load factors, driven by Florida and Latin/Caribbean region Potential headwind from recent CDC mandate requiring testing for all international arrivals. 7

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