JetBlue creditors are bringing in PJT Partners as restructuring adviser, per WSJ. When the lender group lawyered up, it's liability management season, not a quick fix. Watch the unsecured paper for th

What happened: JetBlue creditors are working with restructuring adviser PJT Partners, according to a WSJ report cited by CNBC. Why it matters: The report comes as a surge in jet fuel expenses tied to the Iran war pressures margins for U.S. airlines, despite higher airfares and steady demand for air travel.

JetBlue creditors are working with restructuring adviser PJT Partners, according to a WSJ report cited by CNBC.

The report comes as a surge in jet fuel expenses tied to the Iran war pressures margins for U.S. airlines, despite higher airfares and steady demand for air travel.