David Neeleman, founder of JetBlue Airways (B6, New York JFK), among other airlines, has said that JetBlue is at risk of going bankrupt in 2026 due to sky-high jet fuel prices.
“JetBlue is in a really tough spot. They really are,” Neeleman said at a Breeze Airways pilot pocket session, which was recorded online and made available on social media. “When Jamie Baker, who is an analyst for J.P. Morgan, came out with his estimates for all the airlines based on USD4.50 [fuel per gallon], it showed JetBlue losing USD1.3 billion this year. That would probably put them, you know, into bankruptcy, I would assume.”
ch-aviation reached out to JetBlue for comment, but it was not immediately…