United Airlines CEO Scott Kirby stated that the airline does not anticipate a significant merger following American Airlines' recent rejection of a merger proposal. He indicated that United expects to recover from the impact of rising fuel prices later this year, attributing this recovery to higher ticket fares. Kirby emphasized the airline's confidence in demand despite the increase in prices.
United Airlines CEO discusses merger prospects and fuel price recovery
United Airlines CEO Scott Kirby mentioned that a major merger is unlikely after American Airlines rebuffed a proposal. He also expressed confidence that the airline will recover from rising fuel costs later this year due to increased ticket prices.
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United Airlines CEO says big merger unlikely after American rebuff, asset buys possible
United Airlines CEO discusses merger prospects and fuel price recovery