American Airlines denies interest in merger with United after speculation
American Airlines denied any interest in merging with United Airlines and warned that such an operation would be detrimental to competition and consumers in the air market.
TL;DR
- American Airlines denies any interest in a merger with United Airlines.
- The company believes a merger would be detrimental to competition and consumers.
- Speculation arose after United's CEO reportedly proposed the idea to President Trump.
- The Secretary of Transportation had previously indicated openness to industry consolidation.