JBLU

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Ex 99.1 - Earnings Release

JETBLUE ANNOUNCES THIRD QUARTER 2026 RESULTS

Airline delivered 18.4% RASM growth; recaptured approximately 87% of higher fuel costs

Fort Lauderdale RASM increased nearly 15% on more than 65% capacity growth

JetBlue expects 1–2 points of 4Q year-over-year operating margin expansion

NEW YORK (October 26, 2026) - JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the third quarter of 2026.

"I'm very encouraged by the progress we made in the third quarter," said Joanna Geraghty, JetBlue's chief executive officer. "Resilient demand and strong yields drove revenue well ahead of our initial expectations, allowing us to recapture more of the increase in fuel costs than we initially expected. That momentum has carried into the fourth quarter, and Fort Lauderdale continues to deliver exceptional results even as we significantly grow capacity."

"We delivered year-over-year adjusted operating margin improvement in the third quarter and expect further expansion in the fourth quarter even with higher fuel prices. Together with continued JetForward execution, this reinforces our confidence in achieving sustained operating profitability in 2027 and delivering at least $1 EPS and positive free cash flow in 2028."

Strong revenue momentum driven by higher yields and resilient demand in 3Q26

•Higher yields, supported by improved revenue management technology, drove the majority of third-quarter revenue outperformance. Both premium and Main achieved double-digit RASM growth and demand remained resilient across peak and off-peak travel periods despite higher fuel.

•Revenue strength has extended beyond the peak summer season and into the fourth quarter, with continued revenue improvement expected despite a more challenging year-over-year comparison.

Growth in Fort Lauderdale strengthens JetBlue's competitive position

•Continued expansion with 15 new destinations and increased frequencies strengthening local schedules and connecting itineraries. Peak daily departures planned to exceed 150 this winter, up 39% year-over-year. JetBlue's fourth quarter seat share expected to reach approximately 37%, up 14 points year-over-year.

•Co-brand credit card acquisitions in Broward County increased 55% year-over-year in the third quarter.

Improving margins and healthy liquidity support bridge to at least $1 EPS target

•Underlying unit cost performance excluding fuel remained within initial expectations, excluding approximately four points of disruption-related pressure in the third quarter.

•Expect a meaningful step-down in fourth-quarter unit-cost growth excluding fuel, alongside continued revenue strength, to support further margin expansion heading into 2027.

•Ended the third quarter with $2.2 billion of liquidity, including a $600 million undrawn credit facility, with an additional $250 million of aircraft-backed financing expected to fund in the fourth quarter subject to customary funding mechanics.

•Expanded unencumbered asset base to ~$7 billion, including $2.8 billion in aircraft and engines following updated fleet appraisals and aircraft deliveries paid with cash, providing additional financing flexibility.

Third Quarter 2026 Financial Results

•Third quarter 2026 system capacity increased 2.3% year-over-year, within our revised guidance range (1) of 1.5% to 3.5%.

•Operating revenue of $2.8 billion for the third quarter of 2026, an increase of 21.1% year-over-year.

•Operating revenue per available seat mile ("RASM") increased 18.4% year-over-year, materially exceeding initial expectations and in line with our revised guidance range.

•Operating expense per available seat mile ("CASM") for the third quarter of 2026 increased 19.4% year-over-year, largely driven by higher fuel prices.

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•Operating expense per available seat mile, excluding fuel, other non-airline operating expenses, and special items ("CASM ex-Fuel") (2) for the third quarter of 2026 increased 7.0% year-over-year, consistent with the revised guidance.

•Average fuel price in the third quarter of 2026 was $3.91 per gallon, 57% higher compared to the prior year period.

•Capital expenditures, including predelivery deposits, totaled $189 million (3) in the third quarter, below the revised guidance of approximately $275 million, primarily reflecting the timing of one aircraft delivery and LGA slot payments shifting into the fourth quarter.

Third Quarter 2026 Commercial and Financial Highlights

•Completed the transition to an upgraded revenue management system, delivering early benefits ahead of expectations through improved forecast accuracy and optimization of Mint® and connecting itineraries.

•Realized loyalty revenue growth of 20% year-over-year in the third quarter, alongside double-digit growth in co-brand spending and more than eightfold growth in Premier Card acquisitions following the card refresh. Opened BlueHouse™

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Ex 99.1 - Earnings Release

JETBLUE ANNOUNCES SECOND QUARTER 2026 RESULTS

Delivered 10.9% RASM growth, driven by continued demand strength and commercial actions

Re-established full-year 2026 outlook, supported by improved visibility into the second half

Introduced a 2028 EPS target of at least $1.00 per share

NEW YORK (July 28, 2026) - JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the second quarter of 2026.

“Two years into JetForward, we’re encouraged by the progress we’re making and the results we’re driving across the business,” said Joanna Geraghty, JetBlue’s chief executive officer. “Our second quarter performance reflects the strength of our JetForward strategy and the focused execution of our crewmembers, as strong customer demand and our decisive actions enabled us to recover fuel costs more quickly than we anticipated.”

“This momentum reinforces our confidence that we're strengthening the foundation for a more profitable JetBlue. Reflecting the progress we're making and the earnings trajectory we see ahead, today we're introducing a long-term financial target of at least $1.00 in earnings per share for 2028 as we continue on the path toward restoring sustained profitability.”

JetForward Continues to Deliver Measurable Results

JetForward continues to deliver meaningful value across the business. Through June 2026, the airline's transformation strategy has generated $470 million of cumulative incremental EBIT (1) and remains on track to deliver its previously announced $850 - $950 million annual incremental EBIT benefit by year-end 2027.

•Reliable & Caring Service

◦Continued to improve operational performance and the customer experience in Q2 via reliability initiatives, with A14 increasing ~1 point and Net Promoter Score improving 5 points year-over-year during the quarter.

•Best East Coast Leisure Network

◦Accelerated long-term growth in Fort Lauderdale, delivering 11% YoY RASM growth in the second quarter despite nearly 40% capacity growth. Updated flight schedules to enhance connectivity through a more structured bank schedule and deliver more than 150 daily departures this winter.

◦Advanced Blue Sky, introducing reciprocal loyalty benefits to further improve customers' expanded ability to earn and redeem TrueBlue® points across a broader network.

•Products & Perks Customers Value

◦Expanded JetBlue's merchandising capabilities, with EvenMore® point redemptions, Preferred Seating and the refreshed premium co-branded credit card continuing to outperform expectations.

◦JetBlue's premium experiences continued to earn awards, including BlueHouseTM recognition, and its Mint® experience earning the highest-ranking in customer satisfaction among first/business passengers for a second consecutive year in the JD Power 2026 North America Airline Satisfaction Study.

•A Secure Financial Future

◦Improved crewmember productivity through enhanced digital tools, and modernized technology infrastructure to drive better scalability and reliability at a lower cost.

◦Improved fuel efficiency through advanced flight planning and routing, real-time data, predictive analytics, and operational decision support.

◦Expanded AI and data science-enabled capabilities to improve planning, automate decision-making, and better manage disruptions.

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JetForward's initiatives continue to progress, led by BlueFirstTM, our new domestic first class product, which is expected to begin sales this fall. As these initiatives mature, JetBlue expects JetForward benefits to continue building beyond 2027, reaching approximately $1.2 billion of annual incremental EBIT in 2028. Based on this planned trajectory, the airline introduced a long-term financial target for 2028 EPS of at least $1.00 per share assuming continued demand strength and an average $3.00 per gallon jet fuel price in 2028.

Second Quarter 2026 Financial Results

•Recaptured nearly 50% of higher fuel costs during the second quarter, exceeding expectations.

•Second quarter 2026 system capacity increased by 3.2% year-over-year, within our revised guidance (2) range of 2.0% to 4.0%.

•Operating revenue of $2.7 billion for the second quarter of 2026, an increase of 14.5% year-over-year.

•Operating revenue per available seat mile ("RASM") increased 10.9% year-over-year, near the better end of our revised guidance range, supported by strong demand across nearly all products and geographies.

•Operating expense per available seat mile ("CASM") for the second quarter of 2026 increased 17.0% year-over-year.

•Operating expense per available seat mile, excluding fuel, other non-airline operating expenses, and special items ("CASM ex-Fuel") (3) for the second quarter of 2026 increased 2.4% year-over-year, 1.6 points better than the mid-point of revised guidance.

•Average fuel price in the second quarter of 2026 of $4.23 per gallon, $1.83 higher year-over-year,

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