What happened
United Airlines CEO Scott Kirby addressed merger speculation at a Bernstein investor conference, stating that buying JetBlue is the 'last thing' he would do. He dismissed the idea that his recent push for a United-American merger was a ruse to clear the way for a JetBlue acquisition, calling such thinking 'idiotic.' Kirby noted that United is not participating in any consolidation for the foreseeable future, citing that JetBlue's route network is currently losing money. This marks a shift from previous years where Kirby suggested the ball was in JetBlue's court regarding consolidation