Transportation Secretary Sean Duffy has signalled approval for possible mergers between U.S. airlines amid rising jet fuel costs.
Trump Loves Big Deals
In an interview with CNBC on Tuesday, Duffy was asked about the Donald Trump administration’s view on possible airline mergers, to which the Transportation Secretary responded that it would depend on various factors. “That’s going to come through us [Department of Transportation], but also President Trump,” Duffy said, adding that Trump “loves to see big deals happen.”
He also shared that any such deals would need to be reviewed by the administration, but said that there was “room for some mergers in the aviation industry” in the U.S. He also shared that there was a “lot of chatter” about mergers in the aviation industry, but he would gauge the impact of any proposals on “competition” within the sector, as well as pricing for consumers.
“I’m not gonna pre-commit to anything, I’m gonna look …
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