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United Seeks Merger, American Denies; Trump Opposes Deal

4/28/2026

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Story summary
  • United Airlines said it approached American Airlines for a merger, but American denied talks on April 17.
  • U.S. President Donald Trump told CNBC’s “Squawk Box” he opposes the United-American merger.
  • United and American shares fell to $91.72 and $11.84, mirroring market losses since the Iran war began.
  • The merger push coincides with flight cancellations from jet-fuel shortages, prompting Lufthansa to cut 20,000 flights through October and EU rules to require passenger compensation.