jetBlue Results Presentation Deck

Adjusted Earnings before interest, taxes, depreciation, amortization, and special Items Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a non-GAAP financial measure. We believes this measure allows investors to better understand the financial performance of the company by presenting earnings from our business operations without including the effects of capital structure, tax rates, depreciation, and amortization. We further adjusted EBITDA to account for the impact of special items which are unusual or infrequent in nature. jetBlue Net income (loss) Less: Interest (expense) Capitalized interest Interest income and other Add back: NON-GAAP FINANCIAL MEASURE EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AMORTIZATION, AND SPECIAL ITEMS (in millions) (unaudited) Income tax (benefits) Depreciation and amortization Earnings before interest, taxes, depreciation, and amortization Add back: Special items Earnings before interest, taxes, depreciation, amortization, and special items $ Three Months Ended June 30, 2021 64 (54) 3 (39) (7) 133 280 (366) (86) $ $ $ 2019 179 (19) 3 2 57 127 377 2 379 $ Six Months Ended June 30, 2021 (183) (112) 6 (37) (107) 258 111 (655) (544) $ $ 2019 221 (38) 6 1 73 251 576 14 590 24

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