jetBlue Results Presentation Deck

Operating expense, operating income (loss), adjusted operating margin, pre-tax income (loss), adjusted pre-tax margin, net income (loss) and earnings (loss) per share, excluding special items and gain (loss) on equity investments Our GAAP results in the applicable periods were impacted by credits and charges that were deemed special items. For the three and nine months ended September 30, 2023, special items included Spirit acquisition costs and union contract costs. Special items for 2022 included Spirit acquisition costs, union contract costs and Embraer E190 fleet transition costs. Certain gains and losses on our equity investments were also excluded from our 2023 and 2022 GAAP results. We believe the impact of these items distort our overall trends and that our metrics are more. comparable with the presentation of our results excluding the impact of these items. The table provides a reconciliation of our GAAP reported amounts to the non-GAAP amounts excluding the impact of these items for the periods presented. jetBlue Non-GAAP Financial Measure RECONCILIATION OF OPERATING EXPENSE, OPERATING INCOME (LOSS), ADJUSTED OPERATING MARGIN, PRE-TAX INCOME (LOSS), ADJUSTED PRE-TAX MARGIN, NET INCOME (LOSS), EARNINGS (LOSS) PER SHARE, EXCLUDING SPECIAL ITEMS AND GAIN (LOSS) ON EQUITY INVESTMENTS (unaudited, in millions) Total operating revenues RECONCILIATION OF OPERATING EXPENSE Total operating expenses Less: Special items Total operating expenses excluding special items RECONCILIATION OF OPERATING INCOME (LOSS) Operating income (loss) Add back: Special items Operating income (loss) excluding special items RECONCILIATION OF ADJUSTED OPERATING MARGIN Operating margin Operating income (loss) excluding special items Total operating revenues Adjusted operating margin RECONCILIATION OF PRE-TAX INCOME (LOSS) Income (loss) before income taxes Add back: Special items Less: Net gain (loss) on investments Income (loss) before income taxes excluding special items and net gain (loss) on investments RECONCILIATION OF ADJUSTED PRE-TAX MARGIN Pre-tax margin Income (loss) before income taxes excluding special items and net gain (loss) on investments Total operating revenues Adjusted pre-tax margin RECONCILIATION OF NET INCOME (LOSS) Net income (loss) Add back: Special items Less: Income tax benefit related to special items Less: Net gain (loss) on investments Less: Income tax expense related to net gain (loss) on investments Net income (loss) excluding special items and net gain (loss) on investments Three Months Ended September 30, 2023 2022 $ $ $ $ $ $ $ $ $ $ $ 2,353 2,509 33 2.476 (6.6) % (123) 2,353 (5.2)% (174) 33 (156) $ 33 (123) (141) (7.4) % (141) 2,353 (6.0)% (153) 33 9 $ (129) $ $ $ $ $ $ $ $ $ 2,562 2,423 13 2.410 139 13 152 5.4 % 152 2,562 5.9 % 105 13 118 4.1 % 118 2,562 4.6 % 57 13 1 69 $ $ $ $ $ $ $ $ $ $ $ Nine Months Ended September 30, 2023 2022 7,290 7,453 168 7.285 (163) 168 5 (2.2)% 5 7,290 0.1 % (224) 168 6 (62) (3.1) % (62) 7,290 (0.9)% (207) 168 30 6 (1) (74) $ $ $ $ $ $ $ $ $ $ $ 6,743 7,084 57 7,027 (341) 57 (284) (5.1) % (284) 6,743 (4.2)% (443) 57 (4) (382) (6.6) % (382) 6,743 (5.7) % (386) 57 7 (332) 16

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