Airline

JetBlue pledges slots in $750 million loan

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JetBlue pledges slots in $750 million loan

JetBlue has followed Delta’s April example and pledged slots as collateral on a $750 million loan as it seeks to strengthen its balance sheet to deal with COVID 19. In April Delta announced it was raising $3 billion against a mix of slots, gates and routes at a number of US and European airports, ...

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