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JetBlue creditors appoint advisor to organize

Bloomberg ·

JBLU
JBLU Jetblue Airways Corp
$2.62 -0.94%
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  1. 1JetBlue creditors have begun organizing with an advisor.
  2. 2JetBlue bonds fell 10 cents this week, bringing both equity and debt to all-time lows.
  3. 3S&P Global Ratings projected that JetBlue will face a free cash flow deficit of approximately 1 billion dollars in 2026 due to high fuel prices.

So what's the key point?

JetBlue creditors have hired an advisor to start working together. Bond prices fell 10 cents, leaving both stocks and debt at their lowest levels ever.

Source Bloomberg · View original ↗

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