JetBlue Slides Nearly 10% as Creditors Hire Advisors, While Southwest Taps Debt Market With Ease
The contrast between the two airlines in the same session shows how differently credit markets are treating them.
JetBlue shares fell almost 10% on Oct. 26 after a report that a group of its creditors hired financial and legal advisors, a step that typically precedes restructuring talks.
BREAKING STORYBEARISH