jetBlue Results Presentation Deck slide image

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 11
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