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Investing.com -- Senator Richard Blumenthal warned United Airlines against pursuing a takeover of American Airlines, citing concerns over consumer impact amid rising ticket prices and additional fees.
The Connecticut senator said Wednesday that any attempt by United to acquire American Airlines would be "a foolish move" that could result in harmful consequences for consumers. Blumenthal pointed to existing customer frustration with increasing airline prices and fee structures across the industry.
The senator’s statement comes as airlines face growing scrutiny over pricing practices and service quality. United Airlines and American Airlines are among the largest carriers in the United States.
Earlier reports suggested that United Airlines CEO Scott Kirby pitched the potential for merging with American Airlines in a meeting with U.S. President Trump late February.
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