JetBlue Faces Credit Strain as Fuel Costs Surge
JetBlue’s debt was $8.5 billion as of Q2 FY26, with estimated annual interest expense of about $590 million, suggesting ongoing credit stress. In the first half of 2026, revenue rose 9.8% YoY to $4.9 billion, but aircraft fuel costs jumped 46.2%, coinciding with widening operating losses and a 10% stock decline over six months. Cash buffer was $2.2 billion and FY26 capex is expected at $850 million.