A JetBlue Airways creditor group has pulled restructuring adviser PJT Partners amid declining business margins following rising fuel prices, the Wall Street Journal reports. Since the beginning of the year, shares of the American airline have fallen 42%, and at the end of the first half of the year, its debt reached $8.5 billion with $1.66 billion in available cash.

A JetBlue Airways creditor group has pulled restructuring adviser PJT Partners amid declining business margins following rising fuel prices, the Wall Street Journal reports. Since the beginning of the year, shares of the American airline have fallen 42%, and at the end of the first half of the year, its debt reached $8.5 billion with $1.66 billion in available cash.