jetBlue Results Presentation Deck

Earnings before interest, taxes, depreciation, amortization, and special Items Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a non-GAAP financial measure. We believes this measure allows investors to better understand the financial performance of the company by presenting earnings from our business operations without including the effects of capital structure, tax rates, depreciation, and amortization. We further adjusted EBITDA to account for the impact of special items which are unusual or infrequent in nature. JetBlue has not reconciled its Adjusted EBITDA planning assumptions to net income because net income (loss) is not accessible on forward-looking basis. Items that impact net income (loss) are out of the Company's control and/or cannot be reasonably predicted. Accordingly, a reconciliation to net income (loss) is not available without unreasonable effort. jetBlue Net income (loss) Less: Interest (expense) Capitalized interest Gain on equity investments Interest income and other Add back: Income tax expense (benefit) Depreciation and amortization NON-GAAP FINANCIAL MEASURE EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AMORTIZATION, AND SPECIAL ITEMS (in millions) (unaudited) Earnings before interest, taxes, depreciation, and amortization Add back: Special items Earnings before interest, taxes, depreciation, amortization, and special items Three Months Ended September 30, 2021 130 (42) 3 54 (11) 60 140 326 (186) 140 $ 2019 187 (18) 4 15 6 67 134 381 381 $ Nine Months Ended September 30, (53) $ (153) 9 2021 54 (49) (47) 398 437 (841) (404) $ 2019 408 (57) 10 15 7 140 385 958 14 972 23

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