Geraghty’s comments come amid higher fuel costs and speculation sparked by the New York-based carrier’s founder that the airline could go bust.
The carrier has sufficient liquidity and access to additional capital, Geraghty said in an internal memo reviewed by Bloomberg. That includes a recently secured $500 million loan backed by aircraft, with an option to raise another $250 million.
A representative for JetBlue declined to comment.
Geraghty’s memo came after a video posted on social media of an April 14 ...
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