JetBlue, Spirit Airlines to Appeal Merger Block

JetBlue Airways and Spirit Airlines plan to appeal a federal judge’s ruling blocking their planned merger, the carriers said late Friday. U.S. District Judge William Young on Tuesday ruled that JetBlue can’t go forward with its planned $3.8 billion acquisition of Spirit, siding with federal antitrust enforcers who said the deal would reduce competition and harm cost-conscious consumers. The decision had sent Spirit shares into a tailspin for much of the week.