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
9View entire presentation