JetBlue Airways is trading 4.3% down at $5.51 as surging crude oil prices and geopolitical tensions trigger a broader selloff across the airline industry.
- Renewed US–Iran tensions have driven crude oil prices higher, leading to expectations of increased jet fuel costs that are pressuring profit margins for major carriers.
- The sector-wide decline is weighing on investor sentiment, offsetting the recent rally fueled by the company's Fort Lauderdale expansion.