JetBlue 2019-1 Class B Pass Through Trust is a financial trust established to facilitate the issuance of securities backed by cash flows generated from lease payments of aircraft operated by JetBlue Airways, headquartered in Long Island City, New York. The trust focuses on enhancing the airline's funding capabilities through structured financing solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| JBLU 8.00% 2027-11-15 USDJetBlue 2019-1 Class B Pass Through Trust | United States | 2027-11-15 | 8.000 | 11.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The trust's bond issuances began in recent years with significant transactions designed to provide liquidity for JetBlue's operations. Its structured bonds often feature unique attributes, such as enhanced collateralization tied to the performance of leased aircraft, which bolsters investor confidence. As of 2019, these securities have seen competitive yields compared to industry norms, reflecting JetBlue's strong operational performance and commitment to meeting financial obligations, with recent issuances designed to refinance existing debt and support capital expenditures.