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FILE PHOTO: A JetBlue passenger jet lands with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren. (Reuters) - JetBlue Airways' JBLU.O third-quarter revenue plunged by 76% as the COVID-19 pandemic hammered travel demand but the New York-based budget carrier expects an upturn in bookings for the Thanksgiving and Christmas holiday season, it said on Tuesday. The airline said the quarterly revenue decline is expected to narrow to 65% in the final three months of the year, though uncertainties remain in light of the evolving coronavirus crisis. Daily cash burn is expected to hover between $4 million and $6 million per ... Full story

27 October