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16.04.26 - 22:49
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FAA Orders O′Hare Flight Cuts Amid American, United Turf War (Bloomberg)
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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....
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14.04.26 - 21:30
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United CEO Pitched Trump on Possible Tie-Up With American (Bloomberg)
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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)...
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14.04.26 - 18:31
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United CEO pitches merger to Trump that would create world′s largest airline: Report (The Hill)
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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......
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14.04.26 - 15:27
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United CEO Pitches Trump On American Tie-Up To Build Highly Competitive Global Carrier (ZeroHedge)
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United CEO Pitches Trump On American Tie-Up To Build Highly Competitive Global Carrier
A Reuters report stated that United Airlines CEO Scott Kirby "pitched" a merger with American Airlines during a recent meeting with President Trump. Shares of both carriers rose in premarket trading in New York following the report.
Two sources told the outlet that merger discussions took place during a February 25 White House meeting with Trump about the future of Dulles Airport, just three days before the U.S.-Iran conflict sent jet fuel prices skyrocketing.
Kirby said that a combined United-American airline would be better positioned to compete internationally. He said that the merger of the two carriers would strengthen U.S. competitiveness globally.
It is unclear whether United made a formal approach to American or whether negotiations were underway, but one thing is certain: most domestic carriers, except Delta Air Lines, have been hit by soaring jet fuel costs.
Wells Fargo analyst Christian Wetherbee ...
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14.04.26 - 14:42
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United Airlines CEO reportedly pitched merger with American, sparking competition fears (The Guardian)
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Critics warned of 'higher ticket prices, more fees, and fewer options' for passengers if two travel giants try to combineThe CEO of United Airlines is said to have pitched a blockbuster merger with American Airlines during a meeting with Donald Trump, floating the combination of the world's two largest carriers.Scott Kirby, who leads United, raised the prospect during an encounter with the US president in late February, Reuters reported, citing two unnamed sources. Such a deal would overhaul the global air travel industry – and likely face intense competition scrutiny. Continue reading......
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