JetBlue Warns Of Lower Revenues, Higher Cash Burn
Credit: JetBlue / Twitter
JetBlue Airways became the latest U.S. carrier to lower guidance for the 2020 fourth quarter (Q4), warning of deteriorating revenue trends as COVID-19 cases surge across the country. The New York-based carrier now anticipates Q4 revenues to come in 70% below 2019 levels, compared to previous...
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