Major US Airline Says Bankruptcy Not On The Cards

US-based low-cost carrier JetBlueAirways is seeking to steady existing narratives around its financial health after extensive industry speculation. The carrier’s CEO, Joanna Geraghty, told employees that bankruptcy is not being considered by the board. This message is significant because it comes just days after the airline has had to address major concerns about the carrier’s financial state amid an environment marked by much higher fuel costs than analysts had predicted and broader uncertainty around airline consolidation.