JetBlue Expects Grounded Aircraft, On Average, To Be In The Mid-to-high Teens In 2025 For Pratt & Whitney
Portfolio Pulse from Benzinga Newsdesk
JetBlue anticipates that the number of its grounded aircraft will average in the mid-to-high teens in 2025 due to issues with Pratt & Whitney engines.
September 05, 2024 | 11:16 am
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JetBlue expects a significant number of its aircraft to be grounded in 2025 due to Pratt & Whitney engine issues, potentially affecting operations and financial performance.
The grounding of aircraft due to engine issues is likely to impact JetBlue's operational capacity and financial performance negatively. This could lead to increased costs and reduced revenue, affecting the stock price negatively in the short term.
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