jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

REDUCING OUR DEBT SERVICE OBLIGATIONS ā— jetBlue Scheduled Principal Payments $820 $722 PRINCIPAL PAYMENTS* $98 2Q21 $87 $87 3Q21** Principal Prepayments $1,681 $1,272 $409 FY21** 1Q21 repaid revolving credit facility for $550M 2Q21 repaid term loan for $722M *Cash outflows related to principal repayment schedule and P&L interest as of 6/30/2021; does not assume any future debt raises or additional prepayments and does not constitute guidance **Current planning assumption as of July 27, 2021; does not constitute guidance ā— P&L INTEREST EXPENSE* / SAVINGS P&L Interest Expense 3 $54 2Q21 (US$ million) 14 $42 Interest Savings 3Q21* $31 $194 FY21** Optimized weighted average cost of debt to below pre- pandemic levels, and strengthened unencumbered asset base Interest expense savings -$31M in 2021 by prepaying revolving credit facility and Term Loan B 18
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