jetBlue Results Presentation Deck
Appendix A
Non-GAAP Financial Measures
We report our financial results in accordance with GAAP; however, we present certain non-GAAP financial measures in this Presentation.
Non-GAAP financial measures are financial measures that are derived from the condensed consolidated financial statements, but that
are not presented in accordance with GAAP. We present these non-GAAP financial measures because we believe they provide useful
supplemental information that enables a meaningful comparison of our results to others in the airline industry and our prior year results.
Investors should consider these non-GAAP financial measures in addition to, and not as a substitute for, our financial performance
measures prepared in accordance with GAAP. Further, our non-GAAP information may be different from the non-GAAP information
provided by other companies. This Presentation includes an explanation of each non-GAAP financial measure presented in this
Presentation and a reconciliation of certain non-GAAP financial measures used in this Presentation to the most directly comparable
GAAP financial measures. We do not provide a reconciliation of forward-looking measures where the quantification of certain excluded
items reflected in the measure cannot be calculated or predicted at this time without unreasonable efforts. In those cases, the reconciling
information that is unavailable would include a forward-looking range of financial performance measures beyond our control, such as fuel
costs, which are subject to many economic and political factors beyond our control. For the same reasons, we are unable to address the
probable significance of the unavailable information, which could have a potentially unpredictable and potentially significant impact on our
future GAAP financial results.
jetBlue
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