American Airlines Falls 3% Premarket After Dismissing United Megamerger

American Airlines falls 3% premarket after dismissing United megamerger

American Airlines stock fell after it dismissed talk of a potential merger with United, citing antitrust concerns and potential harm to competition.

American Airlines Rejects United Airlines Merger Talks; Calls Idea 'Negative'

American Airlines has firmly rejected any notion of a merger with its US rival United Airlines, saying such a move would be “negative” for both the industry and consumers. Talk of a tie-up between the top two US carriers, by fleet size, emerged last week with reports linking the idea to United CEO Scott Kirby. However, American has firmly rejected such a move. In a statement regarding the matter, American Airlines said: “American Airlines is not…

Kirby’s Bold Pitch: United Eyes American Merger Amid Fuel Surge and Global Skies Battle

United Airlines CEO Scott Kirby has never shied from big swings. In late February, during a White House meeting on Washington Dulles Airport’s future, he pitched President Donald Trump on merging with rival American Airlines. The idea: forge a behemoth to dominate international routes where foreign carriers hold sway. Sources close to the talks told Reuters. Kirby argued a combined entity would grab more long-haul traffic from U.S. airports, whe…

The Case That Supports A United-American Airlines Merger

Statements from United Airlines CEO, Scott Kirby this week about a merger with American Airlines caused significant uproar but there is a case that supports the tie-up.  Kirby’s Outlandish Proposal United isn’t just posturing anymore. The idea of a merger or outright acquisition of American Airlines is being floated, and though American rejected the notion, it should make travelers very uncomfortable. United Airlines sees an opportunity in a wea…

Could United acquire American Airlines?

United’s bid for American: why it matters United Airlines CEO Scott Kirby has sought to acquire rival American Airlines, according to coverage describing merger talks that have emerged over recent weeks. The pitch is notable because it would be one of the most consequential consolidations in U.S.…

My Take: Is United serious about buying American Airlines?

This week, we learned that United Airlines' CEO reportedly pitched the Trump Administration on a merger with American Airlines.