|
|
|
18.04.26 - 20:06
|
American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up (ZeroHedge)
|
|
|
American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up
Certainly this past week saw several key stories in the aviation world.
First came the story that Spirit Airlines could be liquidated at any moment, only to be followed later in the week by reports that the budget carrier had asked the Trump administration for an emergency bailout.
Then, of course, came the reopening of the Strait of Hormuz late in the week, which sent jet fuel prices in New York sharply lower and airline stocks soaring...
It now appears that American Airlines has rejected United Airlines CEO Scott Kirby's idea to merge the two carriers. Kirby recently pitched President Trump on the tie-up.
American told The New York Times in a statement that it was "not engaged with or interested" in the merger idea pitched by CEO Kirby.
"While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers, a...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
16.04.26 - 22:49
|
FAA Orders O′Hare Flight Cuts Amid American, United Turf War (Bloomberg)
|
|
|
The US Federal Aviation Administration ordered airlines to slash flights at Chicago O'Hare International Airport this summer to prevent overscheduling and flight disruptions, further complicating a turf war between United Airlines Holdings Inc. and American Airlines Group Inc. at the busy hub....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14.04.26 - 21:30
|
United CEO Pitched Trump on Possible Tie-Up With American (Bloomberg)
|
|
|
United Airlines CEO Scott Kirby has floated a possible combination with American Airlines, according to people familiar with the conversations, an audacious proposition that would face intense scrutiny even under the business-friendly Trump administration. Sri Taylor has more. (Source: Bloomberg)...
|
|
|
14.04.26 - 18:31
|
United CEO pitches merger to Trump that would create world′s largest airline: Report (The Hill)
|
|
|
United Airlines CEO Scott Kirby pitched a merger between his company and American Airlines during a Feb. 25 meeting with President Trump, Reuters reported on Monday. Kirby proposed the consolidation toward the end of a White House meeting on the future of Washington Dulles International Airport, the outlet noted. Transportation Secretary Sean Duffy launched an......
|
|
|
|
|
|