Two Big U.S. Airlines Open to Merger

Top executives at two of the five largest United States airlines said on Tuesday they are open to a merger, adding that the airline industry needs to consolidate to return to profitability, Reuters reported.

Speaking at the Reuters Travel and Leisure Summit in New York, United Airlines’ chief financial officer, Kathryn Mikells, said the third-largest American airline is open to merging with domestic or foreign carriers.

“UAL has been supportive of consolidation for a long time,” Ms. Mikells said at the summit. “It is something we will continue to look at.”

In a separate interview with the news service at the conference, US Airways‘ chief financial officer, Derek Kerr, said his airline was open to merging with another United States carrier.

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