The secondary offering “is a highly unusual move for an established company that is losing buckets of money and reporting steep declines in its revenue."
The $25 billion program is aimed at helping U.S. carriers weather the drastic drop in demand caused by the coronavirus crisis.
Other airlines also saw their shares decline amid fears of a global slowdown.
The International Trade Commission's ruling gives a surprise victory to Bombardier in a trade dispute with Boeing over its CSeries planes.
"We enter 2018 with significant momentum and every entity delivering positive passenger unit revenue for the first time in five years."
“The third quarter presented unprecedented weather challenges for JetBlue," impacting both revenue and operating income.
The increase in the airline's passenger unit revenue for the second quarter broke a two-and-half-year losing streak.
The airline forecasts passenger unit revenue will range from flat to a 2% increase in the first quarter of 2017, ending two years of quarterly declines.
The airline's latest hedging loss highlights the riskiness of the practice with fuel costs still below historical norms.
The trader placed orders for personal profit ahead of trades intended for Delta, according to the CME Group.
Soaring profits reward the faith of a CFO who craved a career in the perpetually shaky airline business from age seven.
But a reduction in the corporate rate would also cut the deferred tax assets — and the net worth — of some companies.
