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  "documentTitle": "jetBlue | Results Presentation Deck | 26 slides",
  "authorId": "jetblue",
  "authorName": "JetBlue",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-04-01 00:00:00",
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  "pageNumber": 5,
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  "nDataPoints": 16,
  "notes": "The slide uses a two-column layout to contrast past performance (1Q 2021) with future outlook (2Q 2021).",
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      "text": "2Q 2021 PLANNING ASSUMPTIONS: EBITDA between ($100M) - ($200M); Capacity down ~(15%) vs 2Q 2019; Revenue down between (30%) and (35%) vs 2Q 2019; Operating expenses down ~(8%) vs 2Q 2019",
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      "text": "1Q 2021 BALANCE SHEET: $3.2B of liquidity at 1Q close; Raised ~$750M via convertible debt; Adjusted Debt to Cap ratio at 59%",
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      "text": "1Q 2021 EARNINGS: GAAP loss per share of ($0.78); non-GAAP loss per share of ($1.48); Adjusted EBITDA of ($458M) vs expected range of ($490M) - ($540M); Revenue down (61%) Yo2Y; capacity down (41%) Yo2Y; OpEx down (43%) Yo2Y (GAAP), down (26%) Yo2Y (non-GAAP)",
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      "kind": "list",
      "text": "OTHER LIQUIDITY ACTIONS: In 1Q21 received ~$504M of PSP2 funds; Expect to receive $76M in additional PSP2 funds and $541M from PSP3 funds; Passing on remaining $1.8B Federal Loan Program",
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      "text": "(1) Refer to reconciliations of non-GAAP financial measures in Appendices A & B (2) EBITDA includes SW&B paid with PSP funds (3) As of March 31, 2021 *As of April 27, 2021; does not constitute guidance",
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      "kind": "title",
      "text": "MAKING PROGRESS TOWARDS EARNINGS RECOVERY",
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