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Published on 3/8/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch affirms JetBlue

Fitch Ratings said it affirmed JetBlue's issuer default rating at BB. The outlook is positive.

The agency said the rating reflects JetBlue's strong credit metrics, consistent profitability, the expected reduction in unit cost growth rates and its solid financial flexibility.

Fitch said the rating is also supported by the company’s meaningful debt reduction over the past few years and its continued commitment to a healthy balance sheet.


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