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Trump Opposes United–American Merger, Signals Support for Spirit
Trump said a United-American deal would reduce competition, while he backed government help or a buyer for Spirit Airlines, which has 14,000 jobs at stake.
- On Tuesday, President Donald Trump stated he opposes a potential merger between United Airlines and American Airlines, signaling resistance to a deal that would reshape the U.S. airline industry.
- Trump warned that consolidation reduces competition, comparing the airline sector to aerospace firms. "You get one bid, and it makes them lazy," he said, explaining why fewer competitors harm consumers.
- A combined United-American would control about 40 per cent of U.S. domestic capacity. American said on Friday it is not interested in pursuing any merger with United.
- Conversely, Trump expressed support for a buyer to acquire Spirit Airlines, stating "maybe the federal government should help that one out" given the carrier's 14,000 jobs at stake.
- Transportation Secretary Sean Duffy said Tuesday he planned to discuss Spirit with the president as the discount carrier navigates bankruptcy amid escalating fuel costs.
19 Articles
19 Articles
Trump raises prospect of federal support or merger as Spirit struggles with costs and debt
President Trump on Tuesday suggested that the federal government could help keep a struggling Spirit Airlines afloat, while also encouraging a buyer to step in and rescue the budget carrier.
Trump Would 'Love' Someone To Buy Spirit Airlines, Floats Federal Aid, But DOT Secretary Sean Duffy Is Sk
President Donald Trump, on Tuesday, floated the idea of federal aid for the struggling carrier Spirit Aviation Holdings Inc. (OTC:FLYYQ). “I’d love somebody to buy Spirit, it’s 14,000 jobs, and maybe the federal government should help that one out,” the president said in a CNBC interview. Trump, however, voiced his disapproval of a potential merger between United Airlines Holdings (NASDAQ:UAL) and American Airlines Group (NASDAQ:AAL). “I don’t l…
Did Joe Biden Kill Spirit Airlines?
Spirit Airlines might soon opt for liquidation if they are not bought out or bailed out — and the Biden administration’s opposition to its proposed merger with JetBlue may be largely to blame, one economist explained to The Daily Wire.A federal judge ultimately dealt the death blow to the plan to have the two airlines combine, but the ruling ultimately stemmed from a 2023 lawsuit filed by the Biden-era DOJ and a handful of states. The lawsuit ar…
Trump Opposes American–United Merger, Welcomes Help for Spirit
President Donald Trump said he opposes a potential merger between American Airlines and United Airlines, while suggesting the federal government could help keep struggling Spirit Airlines afloat. Speaking Tuesday on CNBC’s Squawk Box, Trump said he was not in favor of a tie-up between two of the nation’s largest carriers. “I just heard it a few days ago. I know them both very well. I don’t like it, no,” he said. The president moved on to say tha…
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