American Airlines (NYSE:AAL) is trading 4.99% higher during the pre-market trading session on Tuesday amid reports that United Airlines Holdings (NYSE:UAL) CEO Scott Kirby has suggested a potential merger with the company.
United Airlines is trading 1.45% higher in the pre-market session.
Kirby presented the merger proposal to President Donald Trump in a late February meeting, reported Reuters on Monday. Originally intended to discuss the future of Dulles airport, the meeting took place just three days before the U.S.-Israeli war with Iran began.
Kirby reportedly argued that a united airline would be a more formidable competitor in international markets, as he pointed out that the Trump administration has been focusing on U.S. trade deficits globally.
It’s unclear if United has formally …
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