Fitch Revises Jetblue's Outlook To Negative Affirms IDR And EETC Ratings
ReutersApr 24, 2025 4:09 PM
April 24 (Reuters) - Fitch on Jet Blue:
FITCH REVISES JETBLUE'S OUTLOOK TO NEGATIVE; AFFIRMS IDR AND EETC RATINGS
FITCH ON JETBLUE: OUTLOOK REVISION REFLECTS ANTICIPATED IMPACT OF SOFTENING DOMESTIC LEISURE TRAVEL DEMAND
FITCH: ANTICIPATES LOW-COST CARRIERS SUCH AS JETBLUE TO BE AT DISADVANTAGE COMPARED TO FULL-SERVICE AIRLINES AMID WEAKER DOMESTIC TRAVEL DEMAND
FITCH: CURRENT PRESSURES WILL LIKELY DELAY JETBLUE'S PATH TO PROFITABILITY
FITCH ON JETBLUE: EXPECTS UNIT COST PRESSURE TO REMAIN A HEADWIND IN 2025
FITCH: BELIEVES JETBLUE MIGHT REDUCE CAPACITY PLANS BASED ON SOFTENING DEMAND, PRESSURING UNIT COSTS FURTHER
FITCH ON JET BLUE: MARGIN HEADWINDS STEMMING FROM PRATT; WHITNEY-RELATED AIRCRAFT GROUNDINGS ARE ANTICIPATED TO CONTINUE THROUGH 2026
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