JetBlue Says the Bond Market Has It Wrong

JetBlue’s CEO pushes back on bankruptcy chatter as shares jump 21%, the Philippines moves to scrap a 50-year-old travel tax with no replacement for the tourism infrastructure funding it supports, and Radisson opens its first net zero hotel in Africa where the hard part isn’t the building, it’s the power. On today’s Skift Daily Briefing, Tasmin Lockwood, Skift’s Climate and Experiences Reporter, breaks down why JetBlue now has to turn fare hikes and cost cuts into a repaired balance sheet before the bond market loses patience, why cutting a popular tax gets much harder once airports and roads lose their funding, and why net zero is shifting from Radisson’s balance sheet to the owner’s. This episode is brought to you by ZS Articles Referenced:Connect with Tasmin LockwoodJetBlue CEO Reaffirms Profit Targets, Says Distressed Bonds Reflect a “Significant Disconnect”Philippine Travel Tax Repeal Risks Tourism Funding GapRadisson’s First Net Zero Hotel in Africa Signals Shift From Leased to Managed Properties Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.