jetBlue Results Presentation Deck

SETTING THE FOUNDATION FOR OUR RECOVERY FINANCIAL GOALS 1. Reduce Cash Burn 2. Rebuild Margins 3. Repair Balance Sheet jetBlue 2020 Rebuild Customer Confidence Strengthen Network Deploy Revenue Initiatives Reshape Cost Structure Invest in Return- Accretive Aircraft ● ● ● ● • 60+ new routes to support cash generation Schedule flexibility in response to demand changes Focus City reinforcement: NY growth in EWR; LA move to LAX ● ACTIONS ● Safety from the Ground Up program Partnerships with authorities to implement public health policies Focus on testing/health measures to facilitate air travel Upgrading revenue management optimization system Adjusted approach to seat caps JetBlue Travel Products subsidiary offerings for leisure travel Realign cost structure to lower capacity and revenue Permanent reduction of fixed costs • Drive structural margin improvement with revenue recovery • E190 fleet replacement with economically superior A220s Network plan growth during recovery with fuel efficient A321s Balance capital deployment and debt repayments 5

View entire presentation