India, Nov. 7 -- NEW YORK - The last time anyone watched a low-cost American airline reassure its employees that bankruptcy was not on the table, it was Spirit Airlines. Those assurances came in early 2024. Spirit filed for Chapter 11 that November. It filed again in August 2025. It permanently ceased all operations on 2 May 2026.

JetBlue Airways is now delivering its own version of those reassurances.

JetBlue leaders told employees they are not considering Chapter 11 as they work through higher fuel costs and a heavy debt load. CFO Ursula Hurley told a companywide call that JetBlue has "a lot of cash in the bank. A lot of that cash is borrowed money, but we are in a financially stable place."

The call, reviewed by Bloomberg News, was ...