jetBlue Results Presentation Deck
RETURNING TO SUSTAINED PROFITABILITY
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Adjusted pre-tax loss of ($102M) (1)
Adjusted pre-tax profit in June of $9M
• Revenue up 16.1% Yo3Y; CASM up 34.7% Yo3Y (GAAP);
CASM ex-Fuel up 14.5% Yo3Y (non-GAAP) (¹)
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2Q 2022 EARNINGS
GAAP loss per share of ($0.58); non-GAAP loss per share of
($0.47) (1)
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2Q 2022 BALANCE SHEET
In 2Q22, paid down approximately $106M of debt
$2.6B of liquidity (2) (3), equal to 32% of 2019 revenue
Adjusted Debt to Cap ratio at 54% (1) (3)
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3Q 2022 OUTLOOK
Capacity between (3%) -0% vs 3Q 2019
RASM up between 19% -23% vs 3Q 2019
CASM ex-Fuel up between 15% -17% vs 3Q 2019 (1)
(1) Refer to reconciliations of non-GAAP financial measures in Appendices A & B
jetBlue (2) Liquidity defined as unrestricted cash, cash equivalents, short-term investments and long-term marketable securities
(3) As of June 30, 2022
FY 2022 OUTLOOK
Capacity up between 0% -3% vs 2019.
CASM ex-Fuel up between 11% -14% vs 2019
Return to profitability in 2H 2022
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