United Airlines CEO says big merger unlikely after American rebuff, asset buys possible
6 Articles
6 Articles
United Airlines CEO says big merger unlikely after American rebuff, asset buys possible
United Airlines remains open to buying airport slots, gates or other assets if higher fuel prices put weaker rivals under pressure, but it is unlikely to pursue a major consolidation deal after its failed overture to American Airlines, Chief Executive Scott Kirby told Reuters on Sunday.
Executive highlights the need for support from various groups to make the partnership viable.
United Airlines CEO says big merger unlikely after American rebuff, asset buys possible - Regional Media News
By Rajesh Kumar Singh and Joe Brock RIO DE JANEIRO, June 7 (Reuters) - United Airlines remains open to buying airport slots, gates or other assets if higher fuel prices put weaker rivals under pressure, but it is unlikely to pursue a major consolidation deal after its failed overture to American Airlines, Chief Executive Scott Kirby told Reuters on Sunday. Kirby said in April that American declined to engage after he approached it about a merger…
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United Airlines remains open to the purchase of slots for airports, gates or other assets in case the higher prices of fuels pressure weaker competitors, but it is unlikely that it will seek a major consolidation agreement after its failed proposal to American Airlines, said Executive President Scott Kirby to Reuters on Sunday (7). Kirby said in April that American refused to engage after he approached it about a merger, an idea that Reuters sai…
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