JetBlue Shares Hit Turbulence Amid Warnings Of Wider-Than-Expected Q4 Loss
“While we faced challenges in the quarter, including significant...”
Tyler Durden
"Besides JetBlue, several other airlines have warned about slowing US air travel demand:
- Airline Stocks Hit Turbulence After Alaska Air Signals Slowing Demand
- JetBlue Joins Chorus Of Airlines Warning About Slipping Demand
- American Airlines Cuts Earnings Forecast As Headwinds Hit Airline Industry
Investors have dumped airline stocks since mid-July on souring demand outlooks from carriers. At the start of October, Morgan Stanley US equity strategist Michelle Weaver told clients to expect a 'chilly season for travel' as headwinds mount for consumers."