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American Airlines Group Inc. (AAL) CEO Robert Isom on Thursday reportedly said that a merger with United Airlines Holdings Inc. (UAL) was a “non-starter.” During an interview with CNBC, Isom stated that a merger with UAL was not a good idea and that it could be anti-competitive.
Isom also cautioned that a hike in airfares could be possible in the second half of 2026 if energy prices remain elevated.
The company reported an adjusted loss of $0.58 per share in the first quarter (Q1) on revenue of $13.9 billion.
Shares of American Airlines were down about 0.5% in Thursday’s pre-market trade.
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