JetBlue Creditors Hire Advisors as Financial Scrutiny Deepens
JetBlue Airways is facing intensifying investor scrutiny after a report said some of its creditors have hired advisers amid growing concern over the carrierâs financial outlook. The development comes even as the airline has tried to reassure markets with signs of improving margins and a stronger-than-feared quarterly performance. Shares have been volatile as investors weigh higher fuel costs, persistent pressure on earnings and the companyâs ability to stabilize cash flow.
