"However, in his ruling, Judge William Young said that the proposed merger would "harm cost-conscious travelers who rely on Spirit's low fares." Spirit shareholders received $425 million in prepayments from JetBlue during the agreement, and that JetBlue will pay Spirit $69 million related to the agreement's termination."
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"Per a Reuters report, U.S. District Judge William Young told a JetBlue lawyer that he expected airline fares to rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices. "
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"Prosecutors said at the hearing before U.S. District Judge William Young that they had agreed to recommend a sentence of 41 months in prison for Popp and 30 months for Zea. "
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