According to CNBC, JetBlue Airways CEO Joanna Geraghty said the airline has no plans to file for bankruptcy and is not working with a restructuring firm, after its shares hit a record low following a report that bondholders had hired restructuring advisers. Shares rebounded 40% so far this month as of Tuesday’s close. JetBlue is counting on premium travel to support its turnaround, with domestic first-class seats called BlueFirst set to be unveiled Wednesday at its John F. Kennedy International Airport hub. The airline plans to begin flying aircraft with the seats and full onboard product next month, with retrofits continuing during 2027. Its plan targets an operating profit next year and $1 in adjusted earnings per share in 2028. JetBlue ended the third quarter with $2.2 billion in liquidity and $7 billion in unencumbered assets, including $2.8 billion in aircraft and engines. The airline reported $8.4 billion in total debt as of Sept. 30.