That report is unequivocal: it estimates that a Jetblue/Spirit merger will be a disaster. Spirit's participation in a route lowers fares by 17%. When Spirit stops competing on a route, fares go up by *30%*. Spirit CEO #TedChristie called the proposed merger "unlawful" and "unethical":

https://simpleflying.com/spirit-ceo-shareholder-rejection-jetblue-cynical-disruptive-offer/

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