jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

Prioritizing Capital Discipline jetBlue Capital Expenditure Forecast (¹) 2024-2027 -$2.5B of planned capex deferred Revised Capex Forecast Deferred Capex $0.1B $1.6B 2024 $0.8B 27 $1.5B 2025 $1.3B $1.6B 2026 $0.3B 24 $1.4B Modified Delivery Planning Assumptions (2) 25 14 2027 Plan to Defer -$2.5B of Planned Capital Expenditures From 2024-2027 ● ● Provides a more consistent level of firm aircraft deliveries and capital expenditures through the end of the decade Continues to prioritize margin-accretive fleet modernization program and ongoing Embraer E190 retirement plan Maintaining a Total Financeable Asset Pool of $10B+ ● Collateral pool includes TrueBlue loyalty program, JetBlue brand intellectual property, our slot portfolio, aircraft and engines Continuing to Actively Manage Risk to Protect Earnings Hedged 30% of planned 1Q24 fuel consumption and 13% for FY24 (1) Forecast as January 30, 2024 (2) Excludes options to purchase an additional 20 A220-300 aircraft. See Appendix C for more details 9
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