S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery
S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery June 8 (Reuters) - Global ratings agency S&P said on Monday it had downgraded JetBlue Airways JBLU.O to "CCC+" from "B-," pushing the carrier further into junk territory as high jet fuel costs hamper its recovery.
(Reporting by Shivansh Tiwary in Bengaluru)
((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192; X: @Shivansh_19_;))
Recent news on JetBlue Airways
See all newsFocus: Musk's Starlink leads Bezos' Amazon as airlines rush to boost in-flight Wi-Fi
Analysis: Fuel price shock to widen product gap between US airlines
S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery (updated)
S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery
United Airlines CEO says big merger unlikely after American rebuff, asset buys possible