jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

OFFSETTING NEAR-TERM UNIT COST PRESSURE TIED TO SEQUENTIAL CAPACITY jetBlue (0.8%) YO2Y CASM EX-FUEL Actual 3Q21 L (4%)-(7%) ASM Planned 4Q 21* 14% -16% 12.7% CASM ex-Fuel (1) 14% -16% (2.1%) CASM ā— Diligently managing cost pressures tied to the recovery - 3Q21 performance in-line with prior expectations despite operational challenges and incremental labor costs tied to financial incentives to ensure appropriate staffing levels. Sequential increase expected in 4Q21 driven by capacity reduction to align with demand trends. and continued ramp-up to support 2022 growth Managing rate pressures tied to rents and landing fees, which is expected to normalize in 2022 Note: Versus 2019. *Current planning assumption as of October 26, 2021; does not constitute guidance (1) Operating expenses excluding special items; refer to reconciliations of non-GAAP financial measures in Appendix A 13
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