jetBlue Results Presentation Deck
REDUCING OUR DEBT SERVICE OBLIGATIONS
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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
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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
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