United Airlines Shuns Major Mergers as CEO Kirby Eyes Future Margins

United Airlines CEO Scott Kirby has dismissed the likelihood of major airline mergers in the near future, following American Airlines' refusal to consider a merger.

Kirby highlighted that without a willing partner, large consolidation opportunities seem implausible. His comments came at a recent investor conference amid investor speculations about smaller acquisitions.

Kirby remains confident in hitting double-digit pre-tax margins next year, bolstered by reduced oil prices and steady demand, despite previous profit hindrances due to rising fuel costs.

(With inputs from agencies.)