JetBlue Airways (B6, New York JFK) is not considering filing for Chapter 11 bankruptcy protection, chief financial officer Ursula Hurley said during a companywide call with employees, looking to reassure them that the financially strained carrier is stable.

As reported by Bloomberg, Hurley told employees 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.”

This uncertainty has followed JetBlue throughout the year, with this being the second time in 2026 that the company has striven to reassure it is not planning to file for bankruptcy protection. Furthermore, it was recently reported that a group of senior creditors to the carrier had hired financial advisers amid concern over the airline’s cash burn and mounting debt.

During JetBlue’s third-quarter earnings call, chief executive Joanna Geraghty said there was a “disconnect” between the assessment of JetBlue and its actual financial performance and flexibility. The company closed the quarter with USD2.2 billion in liquidity and approximately USD7 billion in unencumbered assets.

“If we need more liquidity, if oil continues to stay high, we can finance more aircraft and engines to bridge us to 2028 when we’re expected to be fully profitable,” Hurley said during the November 5 call.

JetBlue Airways operates a fleet of 301 aircraft, comprising seventy A220-300s, 129 A320-200s, sixty-three A321-200s, twenty-seven A321-200NX, eleven A321-200NX(LR)s, and one A321-200NY(XLR).

Contacted by ch-aviation, JetBlue was not immediately available for comment.