The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
Category: Mergers, Acquisitions and Divestitures
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Deal Talks Between Pernod and Maker of Jack Daniel’s Falter
The collapse of the talks could pave the way for another spirits company, Sazerac, to open negotiations with Brown-Forman.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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United Airlines Says It Pitched American on Merger but Was Rebuffed
United’s chief acknowledged for the first time that he had broached the idea of a merger with American, which was unwilling to consider it.
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SiriusXM Said to Be in Early Talks to Acquire iHeartMedia
A deal, which was described by two people familiar with the discussions, would unite two major providers of traditional and satellite radio.
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Why Everyone, Including Trump, Is Talking About Airline Mergers
A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
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Warner Bros. Investors Approve Deal With Paramount
The vote brings the tech scion David Ellison one step closer to uniting some of the world’s biggest news and entertainment properties.
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The Consequences of SpaceX’s Latest A.I. Moonshot
Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
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SpaceX Strikes Deal With Cursor for $60 Billion
The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.