Moody’s rates JetBlue’s 2019-1 EETC: Class AA at Aa3, Class A at A2

Moody’s Investors Service has assigned ratings to JetBlue Airways Corp’s Pass Through Certificates, Series 2019-1. The investor firm said that assigned $588 million Class AA with a legal final maturity of November 15, 2033 at Aa3 and $183 million Class A with a legal final maturity of November 15, 2029 at A2. The final scheduled distribution dates precede the respective legal final maturity dates by 18 months. The Certificates’ proceeds will finance 25 Airbus A321-200ceo narrow-body aircraft delivered new to JetBlue between February 2017 and December 2018. JetBlue’s Ba1 Corporate Family Rating and stable outlook are unaffected by today’s rating