JetBlue Airways (NASDAQ:JBLU) and American Airlines (NASDAQ:AAL) are working to keep some elements of their alliance covering flights across the northeastern U.S. after a judge blocked the merger venture on antitrust grounds last month.
In a court filing on Friday, JetBlue (JBLU) and American asked that code sharing and loyalty plans be kept in place under the Northeast Alliance.
The Justice Department permanently enjoined the airlines from continuing the Northeast Alliance, effective 30 days after the date of the order, which was made on May 19.
“This case calls for a straightforward injunction allowing the orderly winding down of the aspects of the NEA this court deemed unlawful, while minimizing consumer disruption,” the airlines said in the court filing.
JetBlue (JBLU) and American (AAL) are considering whether to appeal the ruling entirely.
By Seeking Alpha