jetBlue Results Presentation Deck
Focused on Managing Liquidity and Earnings Risk
120%
100%
80%
60%
40%
20%
0%
Adjusted Debt to Capital (¹)(2)
46%
52%
56%
79%
81% 83%
111%
LUV ALK JBLU DAL SAVE UAL AAL
jetBlue (3) Includes $600M undrawn revolver
Maintaining a Healthy Liquidity Position
●
Balance sheet remains among the strongest in the industry
Ended 3Q with $2.1B in liquidity (³)
●
Executed one-year extension of undrawn $600 million revolving
credit facility
Actively financing aircraft deliveries to ensure healthy liquidity;
-$1.0B in committed financing year-to-date
Actively Managing Risk to Protect Earnings Outlook
Fuel hedges expected to help mitigate impact from rising fuel prices
and ongoing volatility
Hedged -30% of planned 4Q fuel consumption
(1) Refer to reconciliations of non-GAAP financial measures in Appendix B
(2) As of 2Q23. Total debt is adjusted for total operating leases and pension / post retirement liabilities
11View entire presentation