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Kirby has pitched the idea to senior government officials, people say.
United CEO Scott Kirby has discussed a possible merger with American Airlines with senior government officials.
KEY POINTS
- A United-American merger would create the world's largest airline, controlling over a third of the U.S. market.
- Transportation Secretary Sean Duffy indicated any such merger would require divestment of some assets to proceed.
- Shares of American Airlines rose up to 11% after news of the potential merger talks broke.
- Recent market upheaval and rising fuel prices have increased industry focus on potential airline consolidation.
COMPANIES
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