JetBlue Clings to Spirit Deal as New CEO Urges Bold Decisions

When Joanna Geraghty, the next chief of JetBlue Airways Corp., gave a commencement address in 2020, she spoke of having “the gift of grit.”

That gift is already being put to the test. Geraghty expected to inherit a company buying Spirit Airlines Inc.and on its way to becoming a much larger carrier. Hopes of completing that tie-up were severely dimmed last week when a judge blocked the deal. JetBlue and Spirit are appealing the ruling but face long odds at success, meaning Geraghty will probably have to formulate a whole new strategy to pump life into an ...