JetBlue shares rose more than 20% last week after earnings showed continued sales declines and losses, but management promised improvement in 2027 and said the airline could be free cash flow-positive by 2028. Oil prices fell on reports of a possible Middle East peace deal, with WTI down 7% and Brent down 7.4% to $105 per barrel, which eases jet fuel costs for JetBlue. President Marty St. George said losses should keep shrinking in Q4 2026 even if oil stays high. The author remains unconvinced that the stock is worth investing in.
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