JETBLUE AIRWAYS CORP

Notes

(1)Management reviews the estimated amount of earnings before interest and taxes attributable to JetForward initiatives within a given period to evaluate progress against our financial and operational targets. Incremental EBIT reflects the estimated impact of strategic initiatives on profitability, such as partnerships, fleet optimization, network changes, and cost reduction programs.

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(2)J.D. Power 2025 North America Airline Satisfaction Study (https://www.jdpower.com/business/press-releases/2025-north-america-airline-satisfaction-study).

(3)Non-GAAP financial measure; Note A provides a reconciliation of each non-GAAP financial measure used in this release to the most directly comparable GAAP financial measure and explains the reasons management believes that presentation of these non-GAAP financial measures provides useful information to investors regarding JetBlue's financial condition and results of operations. In addition, refer to Note A for further details on non-GAAP forward-looking information.

(4)Guidance does not include risk of potential increase in impacts from tariffs.

(5)Includes fuel taxes and other fuel fees.

(6)JetBlue utilizes the forward Brent crude curve and the forward Brent crude to jet crack spread to calculate fuel price for the current quarter. Fuel price is based on forward curve as of July 14, 2025.

(7)Capital expenditures exclude Airbus A321neo XLRs, which JetBlue has entered into an agreement to sell.

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