JetBlue's Biggest Lenders Hire Advisers as Bonds and Shares Fall

JetBlue's senior lenders have hired debt-reorganizing advisers PJT Partners and law firm Akin as the airline's bonds (loans sold to investors) and shares fall, the Wall Street Journal reported October 23, 2026. Senior lenders get repaid first, ahead of junior lenders and shareholders. Hiring advisers usually marks the start of weighing options, not a settlement.