Financial Wire

Market Chatter: White House Holds No Opinion on Reports of Proposed Merger Between United, American Airlines

-- The White House has no opinion on reports that United Airlines (UAL) is considering a merger with American Airlines (AAL), press secretary Karoline Leavitt said Wednesday, according to a Reuters report.

Leavitt told reporters that the idea has been proposed by the industry, but is not something the president of the White House have an opinion on, Reuters said.

In late February, United's chief executive officer Scott Kirby proposed the merger between the two carriers in a meeting with President Donald Trump, the news outlet said, citing two sources.

United, American did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $95.25, Change: $-1.92, Percent Change: -1.97%

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