April 27 (Reuters) - United Airlines said on
Monday it had ended its pursuit of a merger with American
Airlines ( AAL ) after it declined to engage following an
initial approach.
"I was hoping to pitch that story to American, but they
declined to engage and instead responded by publicly closing the
door," United CEO Scott Kirby said.
Kirby raised the idea of a combination with American during
a meeting with U.S. President Donald Trump in late February,
people familiar with the matter told Reuters earlier this month.
The meeting was scheduled to discuss the future of
Washington's Dulles airport.
Combining two of the largest U.S. network carriers would
have marked the biggest consolidation move in more than a
decade, further tightening a domestic market already dominated
by four similarly sized players.
However, the scale of a potential tie-up raised concerns
among analysts and experts about the antitrust implications of
such a deal.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Shinjini
Ganguli)