DaveAlan/iStock Unreleased via Getty Images
The Department of Justice’s trial to block JetBlue’s (NASDAQ:JBLU) planned purchase of Spirit Airlines (NYSE:SAVE) has been delayed for a second week.
The trial has now been delayed until Oct. 30 after it was originally postponed to Oct. 23 from Oct. 16 due to criminal trials to be held prior to the start of the SAVE/JBLU trial. No reason for the delay was indicated in Friday’s court filing. The trial is scheduled to last four weeks.
The DOJ sued to block the combination in March. JetBlue (JBLU) is trying to appease the DOJ with a divestiture plan announced last month, though a recent report indicated that the DOJ still plans to move forward with its trial to halt the deal.
JetBlue (JBLU) last month said it will transfer all Spirit (SAVE) holdings at Boston and Newark airports to Allegiant Travel Company (ALGT), as well as five gates and ground facilities at Fort Lauderdale’s airport. In June, JetBlue announced that it would divest all of SAVE’s holdings at New York’s LaGuardia Airport to Frontier (ULCC).
More on Spirit Airlines
- Last Update Before Merger: Spirit Airlines Is A Buy
- Spirit Airlines Stock: A Hold Amid JetBlue Merger Talks
- Spirit Airlines: Thank You JetBlue
- DOJ trial to block JetBlue’s planned Spirit deal delayed a week
- Which sectors will be impacted by a federal government shutdown?

