JetBlue +16% after landing $936M in payroll aid [Seeking Alpha]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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US:NASDAQ Investor Relations:
investor.jetblue.com/investor-relations
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Source: Seeking Alpha
Consumer|On the MoveJetBlue +16% after landing $936M in payroll aidApr. 14, 2020 7:20 PM ETJetBlue Airways Corporation (JBLU)Clark SchultzJetBlue (NASDAQ:Details: The money we receive will be split into two different portions, one which needs to be paid back and one that does not. The portion that we do not have to pay back covers about 56% of what our payroll costs were during the same six months last year. The second portion will come in the form of a low-interest loan and will have to be paid back to the government starting in October. In addition, the U.S. Government will also receive a limited number of warrants, which are the right to buy shares in JetBlue at a pre-determined price. We must also continue to provide a minimum level of domestic air service in exchange for the funds."+16.23%Source:Press ReleaseSee all stocks on the move »Now read:Allegiant slashes capacity, mulls over financing options »
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News
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JBLU
Earnings
- 10/29/24 - Beat
JBLU
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- JBLU's page on the SEC website