BusinessPhoto: HT BusinessJetBlue Creditors Hire Advisers Amid Share and Bond Decline
Senior creditors of JetBlue Airways have engaged financial adviser PJT Partners and law firm Akin as the airline faces cash burn and rising oil prices. JetBlue’s bonds fell sharply, with $2 billion notes due 2031 dropping to 42 cents before a slight recovery. The airline plans to update its financial outlook in the upcoming third-quarter earnings call.
HT Business·



