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United CEO has floated possible merger with American Air, Bloomberg reports

United Airlines (UAL) CEO Scott Kirby has floated a potential merger with American Airlines (AAL), having even pitched the idea to senior government officials, Bloomberg’s Siddharth Philip, Allyson Versprille, and Sri Taylor report, citing people familiar with the conversations. It is unclear if Kirby has made any overtures since or if an actual process is underway to explore such a combination, the authors note. Shares of American Airlines rose nearly 6% in after-hours trading following the news, while United shares rose 1.3%.

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