jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

Focused on Maintaining Strong Balance Sheet 120% 100% jetBlue 80% 60% 40% 20% 0% Adjusted Debt to Capital (1)(2) 48% LUV 81% 84% 85% 114% 56% 53% 11 ALK JBLU SAVE DAL UAL AAL Maintaining a Healthy Liquidity Position and Comfortable. Leverage Profile ā— Balance sheet remains among the strongest in the industry Ended Q2 with $2.4B in liquidity (3), or 24% of trailing twelve months revenue ā— Actively financing aircraft deliveries to maximize flexibility; -$550M YTD in committed financing Actively Managing Risk to Protect Our Earnings Outlook Remaining opportunistic with fuel hedges to mitigate the potential impact from significant volatility and price spikes Hedged -30% of planned H2 fuel consumption (1) Refer to reconciliations of non-GAAP financial measures in Appendix B (2) As of 1Q23. Total debt is adjusted for total operating leases and pension / post retirement liabilities (3) Includes $600M undrawn revolver 11
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