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
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