Overview
- American said it is not engaged or interested in talks and called a tie-up negative for competition and consumers.
- Oil prices jumped about 6%, raising fuel cost fears that pulled airline shares lower, including a roughly 3% premarket drop for American.
- FlightAware tracked more than 1,200 Southwest delays, with hundreds at American, Delta, and United.
- A combined United–American would control roughly 40% of U.S. domestic capacity, and legal experts say regulators are unlikely to approve such a deal.
- American, United, and Southwest will report quarterly results this week, giving investors fresh details on fuel costs and operations.