want to see Spirit Airlines continue as a standalone company. I think that is better for airfares and for diversity in business models. I also don’t think buying Spirit is a good idea for JetBlue. They are operationally challenged to begin with and the complexity of a merger and integration won’t make air travel better. JetBlue is massively overpaying.
As a result I’ve maintained that the JetBlue deal to acquire Spirit is bad for customers and bad for shareholders. However bad business decisions are not in themselves, illegal.