jetBlue Results Presentation Deck

MANAGING SHORT TERM BOOKINGS VOLATILITY -94% April jetBlue 2020 -93% REVENUE YOY GROWTH Actual -83% May June Estimate -15% 1Q Current planning assumption* 11 -80% -90% 2Q 3Q* *Current planning assumption as of July 28, 2020; does not constitute guidance ● Demand bottomed in mid-April; some improvement through 2Q started in late May 2Q 2020 revenue declined (90%) YoY, driven by acute demand challenges Small improvement in volumes stalled in July Expect continued volatility in 3Q bookings Based on latest forward bookings and current planning assumptions, estimating 3Q revenue decline of approximately (80%) YoY Demand continues to be driven by COVID-19 infection rates and quarantine measures in place 8

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