Airline

JetBlue raises $500 million aircraft-backed financing as pressure mounts from fuel costs and losses

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JetBlue raises $500 million aircraft-backed financing as pressure mounts from fuel costs and losses

JetBlue Airways has secured a new $500 million aircraft-backed financing facility, pledging a pool of Airbus jets as collateral in a move aimed at boosting liquidity as the airline grapples with mounting financial and operational pressures. The US based carrier said the facility is structured under...

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