JetBlue Airways (B6, New York JFK) and Spirit Airlines (NK, Fort Lauderdale International) are asking for an expedited appeal following a January 16 decision by the US District Court for the District of Massachusetts to block JetBlue’s USD3.8 billion bid to acquire Spirit.
“We strongly disagree with the court’s ruling and have filed a motion to expedite an appeal,” outgoing CEO Robin Hayes said during an investor call on January 31. “Last week, we notified Spirit that certain conditions to close may not be satisfied before the outside…
Source: ch aviation
Read more: JetBlue and Spirit Airways ask for accelerated merger appeal