American Airlines CEO calls United merger 'a non-starter': 'No way to view that as anything but anti-competitive' | Fortune
Briefly

American Airlines CEO calls United merger 'a non-starter': 'No way to view that as anything but anti-competitive' | Fortune
"At the end of the day, there's no way to view that as anything but anti-competitive. The deal would be bad for customers, ultimately bad for American Airlines, bad for our team."
"I don't like having them merge. The merger would cause harm to consumers, as warned by both Sen. Elizabeth Warren and Sen. Mike Lee."
"American issued a statement saying that it is not engaged with or interested in any discussions regarding a merger with United Airlines."
"Jet fuel prices have spiked from $100 a barrel pre-war levels to nearly $200 a barrel, spelling trouble for even the larger carriers."
American Airlines CEO Robert Isom rejected the proposed merger with United Airlines, labeling it a 'non-starter' and anti-competitive. He emphasized that the merger would harm customers and American Airlines itself. The rejection followed a pitch from United CEO Scott Kirby to a Trump administration official, with President Trump and bipartisan legislators also opposing the deal. Rising fuel costs, driven by geopolitical tensions, have intensified discussions about airline consolidation, with United indicating potential price increases due to soaring jet fuel prices.
Read at Fortune
Unable to calculate read time
[
|
]