JetBlue Airways Corp. Files 8-K with Material Agreements

Ticker: JBLU · Form: 8-K · Filed: 2024-09-03T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation, equity-securities

Related Tickers: JBLU

TL;DR

JetBlue signed a new deal, might be selling stock. Watch this.

AI Summary

On August 27, 2024, JetBlue Airways Corporation entered into a material definitive agreement related to a direct financial obligation. The company also reported on unregistered sales of equity securities and other events. This filing was made on September 3, 2024.

Why It Matters

This filing indicates JetBlue is entering into new financial obligations and potentially issuing equity, which could impact its financial structure and shareholder value.

Risk Assessment

Risk Level: medium — The filing mentions material definitive agreements and financial obligations, which can introduce financial risks or opportunities for the company.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement JetBlue entered into?

The filing indicates an 'Entry into a Material Definitive Agreement' and 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,' but the specific details of the agreement are not provided in this summary.

What type of equity securities were sold unregistered?

The filing notes 'Unregistered Sales of Equity Securities,' but the specific type and details of these sales are not elaborated upon in the provided text.

What are the 'Other Events' reported in this 8-K?

The filing lists 'Other Events' as a category, but the specific events are not detailed in the provided summary text.

What is the Commission File Number for JetBlue Airways Corporation?

The Commission File Number for JetBlue Airways Corporation is 000-49728.

When is JetBlue Airways Corporation's fiscal year end?

JetBlue Airways Corporation's fiscal year ends on December 31.

From the Filing

0001213900-24-075128.txt : 20240903 0001213900-24-075128.hdr.sgml : 20240903 20240903164324 ACCESSION NUMBER: 0001213900-24-075128 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240827 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240903 DATE AS OF CHANGE: 20240903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JETBLUE AIRWAYS CORP CENTRAL INDEX KEY: 0001158463 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 870617894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49728 FILM NUMBER: 241274696 BUSINESS ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: 7182867900 MAIL ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 8-K 1 ea0213241-8k_jetblue.htm CURRENT REPORT false 0001158463 0001158463 2024-08-27 2024-08-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of Report (Date of earliest event reported): September 3, 2024 ( August 27, 2024 )     JETBLUE AIRWAYS CORPORATION (Exact name of registrant as specified in its charter)   Delaware   000-49728   87-0617894 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   27-01 Queens Plaza North Long Island City New York   11101 (Address of principal executive offices)   (Zip Code)   ( 718 ) 286-7900   (Registrant’s telephone number, including area code)   N/A (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol   Name of each exchange on which registered Common Stock, $0.01 par value   JBLU   The NASDAQ Stock Market LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐           Item 1.01 Entry into a Material Definitive Agreement.   9.875% Senior Secured Notes due 2031   On August 27, 2024, JetBlue Airways Corporation (the “Company”) and JetBlue Loyalty, LP (“Loyalty LP” and, together with the Company, the “Issuers”) co-issued $2,000 million aggregate principal amount of their 9.875%

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