JetBlue announced last week the appointment of Ursula Hurley to chief financial officer, effective immediately. Hurley, a 17-year veteran of the airline, has served as acting CFO since June 2021.

As CFO, Hurley will be responsible for JetBlue’s overall financial strategy including accounting, audit, aircraft and engine transactions, cash management, corporate finance, fuel, and tax, according to a company press release. She will also oversee the company’s real estate and strategic sourcing units and will continue reporting to Robin Hayes, JetBlue’s chief executive.

“Ursula has done an incredible job leading us through the pandemic,” said Hayes. “With a steady hand, she’s raised capital to allow us to weather the challenges and proven to be focused on helping us manage our cost structure. As we emerge from the pandemic, her continued leadership in managing costs will be fundamental to her role.”

“I’m so excited to continue to work closely with both the senior leadership team and our incredible finance team to support JetBlue’s recovery,” Hurley said. “Together we’re committed to rebuilding margins, maintaining our focus on costs, and repairing our balance sheet to help us continue to thrive.”

Prior to being appointed acting CFO, Hurley was head of treasury and investor relations for JetBlue, managing the company’s $13 billion balance sheet, comprising corporate and aircraft finance; cash management and investments; fleet management; fuel purchasing and hedging; fleet strategy and programs; strategic sourcing; and managing JetBlue’s relationships with the investor community.

Throughout her 17-year career in the airline industry, Hurley has held various roles in financial reporting, financial planning and analysis, and investor relations.

In addition, Hurley is president of the JetBlue Foundation, whose mission is to promote diversity in STEM education and create career paths for the next generation in aviation. She also sits on the Fairfield University Dolan School of Business advisory board. Hurley holds a bachelor’s degree in business management from Fairfield University and a MBA from Columbia University.

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