Aggregator
Knicks vs. Hawks prediction: NBA Playoffs picks, odds, best bet for Saturday’s Game 1
Millennials and Gen Zs are eschewing raucous weekend getaways for these specialized retreats
Skid Row homeless test drugs on innocent pups as heartless animal abuse runs rampant
Wild video shows scantily clad partygoers fleeing cops called to break up SoCal rager
Amazin’ masterpiece: Christie’s to auction off $35M Renoir painting owned by NY Mets founding family
Christina Applegate’s friends fearing the worst as ‘hellish’ details of star’s hospitalization are revealed: report
Christina Applegate’s friends fearing the worst as ‘hellish’ details of star’s hospitalization are revealed: report
ESPN NFL draft expert Matt Miller tells The Post how he’d make critical Jets, Giants picks
ABC News faces backlash for presenting Obama campaign ad as an ‘exclusive’ on redistricting measure
Nathalie Baye, ‘Downton Abbey’ and ‘Catch Me If You Can’ star, dead at 77
Nathalie Baye, ‘Downton Abbey’ and ‘Catch Me If You Can’ star, dead at 77
Senior Trump official pushing for Teddy Roosevelt’s induction into Football Hall of Fame: ‘Saved football’
Mysterious figure captured scaling iconic Las Vegas Sphere appears to be celebrity daredevil Alex Honnold
Is WrestleMania on Peacock?
Man loses fingers after NYC building’s falling stone facade crushes hand: ‘It sounded like a bomb went off’
Jorge Polanco hits injured list as Mets take another early season blow
American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up
Certainly this past week saw several key stories in the aviation world.
First came the story that Spirit Airlines could be liquidated at any moment, only to be followed later in the week by reports that the budget carrier had asked the Trump administration for an emergency bailout.
Then, of course, came the reopening of the Strait of Hormuz late in the week, which sent jet fuel prices in New York sharply lower and airline stocks soaring...
It now appears that American Airlines has rejected United Airlines CEO Scott Kirby's idea to merge the two carriers. Kirby recently pitched President Trump on the tie-up.
American told The New York Times in a statement that it was "not engaged with or interested" in the merger idea pitched by CEO Kirby.
"While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers, and therefore inconsistent with our understanding of the administration's philosophy toward the industry and principles of antitrust law," American said, adding, "Our focus will remain on executing on our strategic objectives and positioning American to win for the long term."
White House Press Secretary Karoline Leavitt told reporters earlier this week that the merger was "not something the president or the White House has an opinion on or is weighing in on at this time."
Wells Fargo analyst Christian Wetherbee told clients that the American-United merger was unlikely, but on his radar was "an opportunity for United and Delta."
"This idea furthers our belief that the fuel shock presents an opportunity for United and Delta to emerge better positioned, potentially suggesting upside to out-year estimates," Wetherbee said.
He noted a potential merger between United and American could be too large, as the combined carrier would control around 40% of domestic capacity without divestitures.
As an alternative, Wetherbee suggested JetBlue could emerge as a smaller, more realistic target if American rejected United, giving United valuable assets in New York and Florida with less regulatory fallout.
Some analysts have already described the airline industry as highly consolidated and a classic oligopoly.
On our radar next week: Spirit's meeting with Transportation Secretary Sean Duffy, along with the carrier's uncertain fate as creditors could pull the plug at any moment. Attention will also shift to United and whether, after being rejected by American, it makes a move toward Delta. Meanwhile, jet fuel prices in New York are plunging, a welcome development for airlines after four weeks of soaring prices that led some carriers to hike bag fees and ticket prices to offset fuel costs.
Tyler Durden Sat, 04/18/2026 - 13:25