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American Airlines
United Airlines CEO Scott Kirby raised eyebrows in the aviation industry after 
talking about a merger with American Airlines during a conversation with 
members of the Trump administration.

But American says it’s not happening anytime soon. The Fort Worth, Texas-based 
company released a statement Friday about the matter.

“American Airlines is not engaged with or interested in any discussions 
regarding a merger with United Airlines,” the company said in a statement.

Any deal would have a major impact on Charlotte’s airport and other busy 
terminals around the world, according to experts. Fort Worth-based American 
Airlines accounts for 90% of flights at Charlotte Douglas International Airport.

Ben Mutzabaugh, managing editor for aviation at The Points Guy, a travel 
website covering passenger services, said it would be an unprecedented move but 
strategically fascinating.

“It’s hard to take seriously, because it sure would go against pretty much 
every past precedent we’ve had in the aviation industry ... it would be like 
Pepsi buying Coke, or NBC buying CBS,” Mutzabaugh said.

United declined to comment on the rumor. It was originally pitched by Kirby to 
President Donald Trump as a way to compete with foreign carriers. The meeting 
was held in late February and just three days before the U.S.-Israeli war with 
Iran, Reuters reported. That drove jet fuel prices sharply higher and prompted 
airlines to raise fares and fees to offset the added costs.

John Strong, a professor of finance and economics at William & Mary, believes 
Kirby was floating an idea and attributes it partly to his history with 
American Airlines, where he served as president.

“I think (Scott Kirby) has always felt that he could do a better job running 
American ... the United CEO knows the American system in every detail,” Strong 
said.

American said in its statement changes in the broader airline marketplace may 
be necessary, but a combination with United would be negative for competition 
and consumers. The airline also said it would be inconsistent with its 
understanding of the administration’s philosophy toward the industry and 
antitrust laws.

“Our focus will remain on executing on our strategic objectives and positioning 
American to win for the long term,” the airline stated.

The airline said it looks forward to continuing to work with the administration 
as it takes steps to strengthen the broader airline industry, according to the 
statement.

Peter Schwarz, an emeritus professor of economics at the University of North 
Carolina at Charlotte, finds it unusual that the company publicly “poured cold 
water” on the idea by citing consumer harm — a role usually reserved for 
regulators, not companies.

“The role of the company is to try to earn profits,” Schwarz said. “But I guess 
perhaps they see that this is a futile effort, and so they decided to go with 
the public relations angle. I think it’s kind of an unusual position for the 
airline to take. But personally, I’m glad they took that, because I would not 
like to see this merger.”

A Charlotte ‘fortress hub’ obstacle

One of the primary hurdles to such a deal is the “fortress hub” factor.

Major airlines typically dominate specific geographic hubs. For example, Delta 
rules Atlanta, while United maintains a stronghold in cities such as Newark, 
New Jersey. Merging American and United could create a massive “behemoth” that 
regulators and competitors would likely find impossible to stomach, Mutzabaugh 
added.

If a merger were to occur, CLT would be a significant prize for United. It 
would provide the Chicago-based carrier with a dominant hub in the Southeast, a 
region where it currently holds only about 2% market share.

However, growth would come with steep regulatory hurdles. Even if federal 
authorities approved the deal, they would likely force the new airline to give 
up gates and takeoff slots at crowded airports. Mutzabaugh noted that political 
pushback is almost certain.

“I would imagine that you would have some members of Congress and some 
politicians in the Carolinas who would be a little uncomfortable about how 
dominant [the airline] would be,” Mutzabaugh said.

CLT is currently a major hub for the Southeast and a major alternative to 
Atlanta, Strong added. United would take advantage of this “spider network” as 
a way to compete aggressively with Delta, which dominates Atlanta. And with a 
brand-new terminal opening at Washington Dulles later this year, United would 
have the capacity to move Charlotte’s international gateways to D.C.

“I would expect Charlotte to become a secondary operation in terms of — it’d 
still be a hub, but it wouldn’t be a hub like it is now,” Strong said.

The impact on Charlotte travelers

With Charlotte already a monopoly-like market, Mutzabaugh doubts other airlines 
would want those leftover gates. Competing against a carrier that is dominant 
on its home turf would be challenging.

For customers, the trade-off would be a mix of convenience and cost. That 
includes an unmatched flight schedule, with the potential to make Charlotte 
even busier than it is now. CLT ranked seventh in the world for aircraft 
operations in Airports Council International’s preliminary 2025 list — down one 
spot from 2024. The airport recorded 574,193 aircraft operations, a 4% decline 
from 2024 and a 7% increase compared to 2023, according to CLT.

But for passengers who hate busy airports, another downside is higher prices 
compared with competitive airports like Raleigh-Durham, which is not dominated 
by a single carrier.

“Your schedule would probably be as good as it could possibly get if you’re an 
air traveler based in Charlotte,” Mutzabaugh said. “The downside ... your 
pricing power as a consumer would go away.”

Hal Singer, an antitrust economist from consulting firm Econ One, said federal 
officials don’t just look at total airport dominance, but route dominance as 
well. Even if a merger doesn’t create a total monopoly, moving from three 
competitors to two on specific routes may become an issue.

“What drives (the agencies) insane ... gets their hair up is if you take a 
route that was served by two and after the merger goes to one — they call this 
‘merger to monopoly.’”

That would give them power to raise prices, and it would impact employees as 
well.

“United and American might have to compete on wages right now,” Singer said. 
“If you were to eliminate one of them, that would mean that workers would be in 
a less favorable position. They wouldn’t be able to bargain.”

An uncertain deal

If combined, the two airlines would have 40% of the domestic market, CNBC 
reported.

“This would be the biggest of all time. I can’t even see the slightest chance 
that a court would allow it,” George Hay, a law professor at Cornell 
University, told CNBC.

Mutzabaugh shared similar thoughts.

“I’ve learned to never say never, but it’s hard to imagine,” Mutzabaugh said.

©2026 The Charlotte Observer. Visit charlotteobserver.com. Distributed by 
Tribune Content Agency, LLC.


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