JetBlue secures $500m of financing by offering 22 Airbus jets as collateral
A confluence of fuel price shocks and longstanding profitability issues is putting intense financial pressure on the New York-based leisure carrier. JetBlue Airways has reached an agreement with affiliates of aircraft lessor Sky Leasing to secure up to $500 million in financing secured by the airline’s jets. The New York-based carrier disclosed the financial arrangement…





