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0 0 -4.93503877531105E-05 -1.20858092456159E-05 -0.00100715077047043 0.00513646892939878 0.0109275858596031 0.0134958203243026
Stock impact report

American Airlines falls 3% premarket after dismissing United megamerger [MSNBC.com]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: MSNBC.com
In this articleAmerican Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023.Aristide Economopoulos | Bloomberg | Getty ImagesThe legacy U.S. carrier issued a statement Friday, shortly after the markets closed, to dismiss talk of a potential deal between the two airlines."American Airlines is not engaged with or interested in any discussions regarding a merger with United Airlines," it said in the statement."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," it added.American's shares last fell nearly 3% in premarket trading, reversing gains enjoyed on Friday amid a broad market rally.watch nowVIDEO4:2004:20Former United Airlines CEO weighs in on United Show less Read more
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