The management of the US low-cost airline Spirit is confident that it will be able to survive in the market even without the merger with Jetblue Airways, which was recently banned by a district judge. Speculations that the financial situation would be tense are sharply rejected.
Initially they wanted to merge with Frontier, but they didn't take into consideration their own shareholders. They preferred Jetblue Airways as a partner. The negotiations were successful, but the competition authority did not give the green light. A district judge in Boston confirmed the decision on January 16, 2024. Jetblue and Spirit have lodged an appeal against this, although the hearing before the appeal court is not scheduled to take place until June 2024.
Rumors recently emerged that Spirit's financial situation was so strained that it would not be able to survive without the takeover by Jetblue. The management vehemently contradicts this and has now explained that they can also continue standalone and that liquidity should be secured.
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