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United Airlines CEO confirms he approached American Airlines about merger - CNBC
Overview
United Airlines CEO Scott Kirby confirmed he privately approached American Airlines about a potential merger, but American rejected the proposal. Kirby said a transaction this large cannot move forward without a willing partner. The disclosure highlights active consolidation interest among major carriers amid broader questions about regulatory and political scrutiny and industry pressure from rising jet fuel costs.
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ORGCNBCORGAmerican AirlinesORGUnited AirlinesPERSONScott Kirby
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