jetBlue Results Presentation Deck
KEEPING A DILIGENT FOCUS ON COSTS
2.3%
CASM EX-FUEL VERSUS 2019
Actual 2Q22
L-
(3%) -0%
ASM
Estimate 3Q22*
15% -17%
14.5%
CASM ex-Fuel
(1)
34.7%
CASM
ā
Investing to operate reliably; expect productivity
improvements into 2023
2Q22 CASM ex-Fuel better versus guidance, with
slight benefit from better-than-expected completion
factor
3Q22 CASM ex-Fuel reflects a sequential step-
down in capacity, timing of maintenance events, and
continued operational investments
Expect improved productivity levels in 4Q22 and
into 2023 as utilization recovers and we drive a
more optimal staffing level
jetBlue *Denotes guidance
(1) Operating expenses excluding special items; refer to reconciliations of non-GAAP financial measures in Appendix A
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