JetBlue and Spirit Airlines announced on Friday that they will be appealing a federal judge's ruling, which recently blocked their plan to merge and create a single carrier. The two airlines have filed a notice of appeal with the 1st U.S. Circuit Court of Appeals, as per the terms of their agreement.
The lawsuit filed by the Justice Department aimed to prevent JetBlue's proposed $3.8 billion acquisition of Spirit, citing concerns over potential harm to consumers and increased fares if the merger were to proceed. The deal was seen as JetBlue's strategy to enhance competition against larger airline competitors, with Frontier Airlines being outbid in the process.
