JetBlue Creditors Tap PJT Partners
JetBlue creditors are working with restructuring adviser PJT Partners as rising fuel costs pressure airline margins. The carrier faces ongoing financial overhauls after shares dropped significantly this year.
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JETBLUE AIRWAYS CORP creditors have retained restructuring adviser PJT PARTNERS INC - A during Friday morning trading, people familiar with the matter said. The move highlights mounting financial stress across the carrier's operations. United States airline margins have deteriorated as jet fuel expenses surged following military action involving Iran.
