Market News
← Back to Home

Exclusive-Jetblue CEO says company not in talks with its creditors

Reuters

NEW YORK, ‌Oct 27 (Reuters) - JetBlue Airways is not ​in ‌talks with its creditors ‌and is not considering a debt ‌restructuring, CEO Joanna Geraghty told Reuters on Tuesday, as the airline ⁠seeks to calm ‌concerns about its ⁠financial health following a ​sharp selloff in its bonds.    Her comments ​came days after ​a ‌group of creditors hired ​restructuring advisers ⁠PJT Partners and ‌Akin Gump, ​according to ​media reports, fueling speculation about the airline's ability to manage its ‌debt while struggling to return to profitability.

(Reporting ‌by ​Doyinsola Oladipo in New York; writing by Rajesh Kumar Singh; ‌Editing by Nia Williams)