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United Airlines CEO says he approached American Airlines about merger

United Airlines CEO says he approached American Airlines about merger

Summary

United Airlines CEO Scott Kirby said he reached out to American Airlines about a possible merger between the two companies. American Airlines rejected the idea, and the plan faces likely government review because some lawmakers worry it could reduce competition and harm customers.

Key Facts

  • United Airlines CEO Scott Kirby confirmed he approached American Airlines to discuss a merger.
  • American Airlines said it is not interested in any merger talks with United.
  • Kirby believes the merger would create more jobs, improve customer service, and help compete with foreign airlines.
  • The idea of the merger was previously mentioned to officials during President Donald Trump’s administration.
  • U.S. senators Elizabeth Warren and Mike Lee warned that merging the two airlines could reduce competition and hurt consumers.
  • Kirby said the merger would add value rather than take away services.
  • The merger would face careful review by government regulators before it could happen.
  • Both airlines did not immediately respond to further requests for comment.
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