President Donald Trump announced on Tuesday his opposition to a potential merger between United Airlines Holdings Inc. and American Airlines Group Inc. This stance signals resistance to a deal that would reshape the U.S. airline industry.
During an appearance on CNBC's "Squawk Box," Trump expressed a desire to see a buyer emerge for Spirit Aviation Holdings Inc. He stated that he would love for someone to buy Spirit as an example.
The president also indicated that he is open to the federal government coming to the aid of the airline, suggesting that the government could potentially buy or help Spirit.