Joanna Geraghty

And, you know, they're not here to defend themselves, but I'm sure if they were, we would hear about the Jet Forward program, which is their tr- transformation program, and obviously their, their closer partnership with United and the, and the Blue Sky, uh, agreements there.

And I will just go back, uh, to what Joanna Geraghty said way back in April, actually, when there were, uh, some other, uh, I don't wanna call them rumors swirling, 'cause rumor sort of implies that there's sort of, there's a, like a crumb of a, a fact somewhere.

But I'd say just general speculation that the, the long-term health of the business might not be as it, as it could be.

Uh, Geraghty said in a memo, uh, "It's no secret," quote, "Uh, it's no secret that we believe that in today's airline industry, the, uh, deck's stacked against us, smaller carriers like us.

Um, short sellers are all over, uh, the stock, too, and, um, the explain in here is, is, is pretty simple.

Um, JetBlue hasn't made profits, uh, really since the pandemic, uh, in, in six years, and Wall Street is worried that the high oil prices and the weaker main cabin revenue picture we just talked about may derail the Jet Forward turnaround plan that, uh, Joanna Geraghty and Marty St. George have been executing.

Um, maybe everything turns rosy if the war, uh, turns around, you know, if the war ends suddenly, um, and oil prices can quickly return to year ago levels.

But I, I, I, you know, as we just said, uh, I don't see, uh, that happening certainly on the oil prices and, uh, it, it's gonna be a challenge.