- JetBlue reiterates that it is not considering a Chapter 11 bankruptcy filing.
- JetBlue closed the third quarter with approx. €2.0 billion in liquidity and approx. €6.4 billion in unencumbered assets.
- Senior creditors hired financial advisers amid concern over cash burn and mounting debt.
- JetBlue operates 301 aircraft, including 70 A220-300s and 129 A320-200s.
- JetBlue expects full profitability in 2028.
JetBlue Airways is reiterating that it is not considering a Chapter 11 bankruptcy filing, according to chief financial officer Ursula Hurley. Hurley spoke during a companywide call with employees. The carrier closed the third quarter with approx. €2.0 billion in liquidity and approx. €6.4 billion in unencumbered assets.
A group of senior creditors hired financial advisers amid concern over cash burn and mounting debt. This is the second time in 2026 that the company has sought to reassure employees about bankruptcy protection. JetBlue operates 301 aircraft, comprising 70 A220-300s, 129 A320-200s, 63 A321-200s, 27 A321-200NX, 11 A321-200NX(LR)s and 1 A321-200NY(XLR).
Hurley stated that the carrier can finance more aircraft and engines to bridge to 2028 if liquidity needs rise and oil stays high. The company expects full profitability in 2028. JetBlue was not immediately available for comment when contacted by ch-aviation.
Ursula Hurley shared “If we need more liquidity, if oil continues to stay high, we can finance more aircraft and engines to bridge us to 2028 when we’re expected to be fully profitable.”
