United Airlines' CEO is ruling out any future mergers after American Airlines rejected his pitch |
United Airlines CEO rules out future mergers after American Airlines rejected his pitch
Scott Kirby said United won't pursue consolidation after American rejected his approach, calling smaller deals like a JetBlue tie-up "mathematically close to impossible"
PATRICK T. FALLON / Getty Images
United Airlines CEO Scott Kirby said Wednesday that the carrier does not plan to pursue consolidation for the foreseeable future, weeks after American Airlines declined to engage in a potential merger.
At a Bernstein investor conference, Kirby argued that the economics only ever justified the kind of large combination United........