jetBlue Results Presentation Deck

BALANCED APPROACH TO MULTI-YEAR DELEVERAGING EFFORT ● ● jetBlue 34% LEVERAGE Dec 31 2019 Adjusted Debt to Cap (1) 55% 53% Jun 30 2021 Sep 30 2021 Actively lowering debt towers by paying off scheduled debt payments and additional prepayments Well-positioned to achieve investment grade metrics by end of 2024 (1) Refer to reconciliations of non-GAAP financial measures in Appendix B PRINCIPAL PAYMENTS* Scheduled Principal Payments $294 $220 $74 3Q21 $108 $108 4Q21 Principal Prepayments $1,866 $1,492 $374 FY21 In 3Q21, paid off ~$220 million in loans and debt Net debt remains below pre-pandemic levels Interest expense savings -$33M in 2021 by prepaying revolving credit facility, Term Loan B, CARES Act loan, and bank loans *Cash outflows related to principal repayment schedule as of 9/30/2021; does not assume any future debt raises or additional prepayments and does not constitute guidance **Current planning assumption as of October 26, 2021; does not constitute guidance 16

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