jetBlue Mergers and Acquisitions Presentation Deck slide image

jetBlue Mergers and Acquisitions Presentation Deck

Fundamentally, the JetBlue-Spirit Transaction Creates a Platform for Sustainable Growth and Establishes a National Challenger to the 'Big Four' (3 jetBlue Increased network and customer relevance Access to new assets and deeper Crewmember base Expands JetBlue Effect Combined network will turbocharge JetBlue focus city strategy: Provides immediate benefit in existing focus cities (FLL, LAX, MCO) Diversifies network Combined asset base provides sustainable growth: Facilitates access for future growth (ATL, LAS, ORD) O O O Complements existing NEA strategy Leverages a common leisure and VFR customer base Product offering will bring the JetBlue Effect to more customers and communities: JetBlue reduces legacy fares in the markets it enters significantly more than ULCCS Positions JetBlue as a more relevant low-cost carrier in a concentrated US market O O Mitigates aircraft availability risk and optimizes manufacturer support Enhances fleet commonality and simplifies integration while increasing optionality Accelerates transition to new engine technology Unifies Crewmember bases, establishing fair wages for all and creating more opportunities for growth Expands our award-winning customer service to a multitude of new markets Provides a customer-centric alternative to legacy hub networks Source: 2021 company filings; number of daily flights and destinations includes upfront divestitures and are based on December 2022 schedule data as of July 21, 2022 145 Combined flights at strategic Fort Lauderdale focus city 127 Total unique destinations 458 Combined fleet size 313 Aircraft in order book 19
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