Jetblue CEO says company not in talks with its creditors: Report
JetBlue Airways CEO Joanna Geraghty has denied reports of debt restructuring talks with creditors, seeking to assure investors after a sharp selloff in the airline’s bonds. Her remarks follow reports that creditors hired restructuring advisers PJT...
By Reuters | Updated:
Reuters
New York: 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.
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.
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