economy

United CEO takes merger with American Airlines off the table

United Airlines CEO Scott Kirby took his proposed merger with American Airlines off the table on Monday after it generated backlash from antitrust experts, lawmakers, and President Donald Trump.

United CEO takes merger with American Airlines off the table

TL;DR

  • United Airlines CEO Scott Kirby has removed the proposed merger with American Airlines from consideration.
  • The merger proposal faced backlash from various groups.
  • Antitrust experts, lawmakers, and President Donald Trump were among those who opposed the merger.