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JetBlue faces financial distress, announces deep cuts to stay afloat

Summary by The Street

JetBlue is cutting routes, parking planes, and laying off executives amid rising bankruptcy concerns. CEO Joanna Geraghty warned the airline is “running on borrowed cash” despite customer satisfaction gains. JetBlue exited Miami, trimmed Seattle service, and launched a turnaround plan called JetForward.

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JetBlue faces financial distress, announces deep cuts to stay afloat

JetBlue is cutting routes, parking planes, and laying off executives amid rising bankruptcy concerns. CEO Joanna Geraghty warned the airline is “running on borrowed cash” despite customer satisfaction gains. JetBlue exited Miami, trimmed Seattle service, and launched a turnaround plan called JetForward.

5 days ago

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The Street broke the news in 5 days ago on Sunday, June 22, 2025.

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