JetBlue Descends To GFC Lows
It was a rough day for New York-based airline JetBlue, with its shares sinking to a 12-year low. 🛬
The airline posted a third-quarter adjusted loss per share of $0.39 on revenues of $2.35 billion, missing expectations of $0.25 and $2.38 billion. Executives blamed a challenging operational backdrop, citing increased air traffic control and weather-related delays. 📊