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United CEO Scott Kirby says American Airlines rejected merger approach

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United CEO Scott Kirby says American Airlines rejected merger approach

United Airlines on Monday announced that it’s ending its pursuit of a potential merger with American Airlines after its rival rebuffed an initial approach to discuss a deal.

United CEO Scott Kirby said in a statement published on Monday that he approached American Airlines about a potential merger because he “thought we could do something incredible for our customers together.”

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“I was confident that this combination, which would have been about adding and not subtracting, creating a truly great airline that customers love, could get regulatory approval,” he said. 

United Airlines CEO Scott Kirby

United Airlines CEO Scott Kirby said he thought a merger with American Airlines would add value for consumers and competition, rather than reducing it. (Al Drago/Bloomberg via Getty Images)

“I was hoping to pitch that story to American, but they declined to engage and instead responded by publicly closing the door. And without a willing partner, something this big simply can’t get done,” Kirby said.

AMERICAN AIRLINES CEO SAYS MERGER WITH UNITED WOULD BE ‘BAD FOR CUSTOMERS’

American CEO Robert Isom on Thursday said the airline wasn’t interested in a potential merger with United, saying it would be bad for all parties involved.

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“The idea of the two largest airlines in the world getting together, that is something that we’ve viewed as being anti-competitive and obviously everybody that has weighed in suggests the same thing,” Isom said. “Bad for customers, bad for the industry and ultimately, that would be bad for American Airlines.”

Ticker Security Last Change Change %
UAL UNITED AIRLINES HOLDINGS INC. 91.90 -1.10 -1.18%

Kirby acknowledged that “American’s public comments make it clear that a merger like this is off the table for the foreseeable future,” but said that his vision for a merger between United and American involved using the scale of the combined airline to compete and lead around the globe.

BIPARTISAN SENATORS PRESS UNITED AND AMERICAN CEOS ON REPORTED MERGER OF LEADING AIRLINES

He wrote that the combined airline would have had opportunities to grow internationally and with expanded service to smaller communities, noting that both of those goals “are mathematically enabled by having a larger network.”

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Kirby said that he thought a merger between United and American would have increased the total number of economy seats in the marketplace to give cost-conscious consumers more affordable options and choice, while the scale would boost competitiveness for international flights.

American Airlines CEO Robert Isom

American Airlines CEO Robert Isom dismissed the prospect of a merger with United. (Nathan Posner/Anadolu via Getty Images)

He also thought the combined company would’ve “created tens of thousands of new high-paying, unionized jobs with great benefits which would have led to even more career growth opportunities for the 250,000 employees already at United and American,” and also supporting domestic aircraft manufacturing.

UNITED AIRLINES MERGER TALK PUTS SPOTLIGHT ON AMERICAN CEO’S FUTURE, EXPERTS SAY

Kirby said he understood the scale of the merger would attract skepticism because “previous mergers have been about saving struggling airlines, previous legal and regulatory reviews have focused on subtraction and what’s being lost,” whereas he thought this merger proposal would be viewed as a “different proposition altogether.”

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Ticker Security Last Change Change %
AAL AMERICAN AIRLINES GROUP INC. 11.68 -0.42 -3.47%

“While our pursuit of talks with American have ended, our mission to build the greatest airline in the history of aviation at United is well underway. We have a winning strategy, a culture of innovation and 115,000 of the best aviation professionals in the world working together to deliver for our customers,” Kirby wrote. 

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“While the airline industry has always been dynamic and unpredictable (it’s one of the reasons that I love this business), United’s future is brighter than it’s ever been,” he added.

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Australia to charge Big Tech companies 2% levy unless they strike local news deals

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Australia to charge Big Tech companies 2% levy unless they strike local news deals


Australia to charge Big Tech companies 2% levy unless they strike local news deals

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Grosvenor picks Manchester for first regional flexible workspace with redevelopment of The Hive alongside x+why

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Property giant says there’s good momentum in city’s property market

How the x+why redevelopment at The Hive in Manchester will look.

How the x+why redevelopment at The Hive in Manchester will look(Image: x+why)

The global property giant owned by the Duke of Westminster that created the transformational Liverpool ONE complex has started work on its first directly managed flexible workspace outside London.

Grosvenor’s UK property business has started work on the property in the Northern Quarter under its £40m regional refurbishment programme. It has appointed premium property specialist and workspace provider x+why to operate more 22,000 sq. ft of flexible workspace within the Lever Street building.

The property group already works with x+why in London, where x+why has operated the social impact-led flexible workspace at Fivefields in Victoria since 2023.

The Manchester redesign will be led by x+why’s in-house design team, whydesign, and will include work from Manchester designers and artists including Aiden Donovan, Jesse Cracknell, Matt Dennis and Mima Adams. Fittings from former occupier The Arts Council will also be reused in the design to “preserve the connection to the Hive’s creative past”.

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The redeveloped building, set to launch in August, will also include a new deli and restaurant fronting Lever Street.

The Hive is part of Grosvenor’s c.500,000 sq ft regional office portfolio, which launched in 2020 and today includes sites in Manchester, Birmingham, Bristol and Leeds. The company aimed to use its experience in the London market to “create best-in-class offices in the UK’s most economically active regional cities”, and says its regional estate is now 90% occupied.

The company said it has seen good momentum in the Manchester market, with Ship Canal House nearing full occupancy after several lettings and renewals.

Fergus Evans, office portfolio director at Grosvenor Property UK, said: “The Hive is a strong example of what our regional offices strategy is designed to deliver, taking a prime asset in a great location and repositioning it to meet the evolving needs of today’s occupiers.

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“Across the portfolio, our ambition is to deliver best-in-class workspace that combines high-quality design, strong sustainability credentials, hospitality-style service and a compelling amenity offer. Manchester continues to perform strongly for us, and our investment in The Hive reflects sustained demand for well-located, high-quality offices, particularly from the city’s growing digital and creative economy.

How the Arcade area at the x+why redevelopment of The Hive in Manchester will look.

How the Arcade area at the x+why redevelopment of The Hive will look(Image: x+why)

“Combining x+why’s experience in creating design‑led, community‑focused workspaces with our approach to active asset management, we are well placed to deliver a distinctive, flexible offer that responds to local demand, broadens our occupier mix and strengthens the long-term resilience of our regional portfolio.”

Rupert Dean, CEO and co-founder of x+why, said: “We are delighted to be partnering with Grosvenor again to bring The Hive into its next chapter, following our successful partnership at Fivefields in London. It’s a building with a strong identity and history within Manchester’s creative community, and we see a huge opportunity to further that legacy.

“Our focus is on creating spaces where work, hospitality and community come together seamlessly. The Northern Quarter is one of the most exciting and entrepreneurial parts of the UK, and The Hive will reflect that energy, offering a workspace that is not only functional, but inspiring and socially driven.”

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Grosvenor designed and built the huge Liverpool ONE retail and leisure complex, which opened in 2008. It sold its 23% stake in the development in 2024.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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10 Revolutionary Features Expected in Sony’s 2027 Console

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Facebook's new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp, Oculus in this illustration picture taken October 28, 2021.

TOKYO — As anticipation builds for Sony’s next-generation gaming hardware, fresh leaks and analyst reports point to a PlayStation 6 launch window in late 2027 or early 2028, with a host of ambitious new features designed to push the boundaries of performance, immersion, and accessibility.

PlayStation 6
PS6 Rumors: 10 Revolutionary Features Expected in Sony’s 2027 Console

While Sony has remained officially silent, supply chain sources, developer kit leaks, and industry insiders have painted a detailed picture of what gamers can expect from the PS6. Here are the 10 most significant features rumored to define Sony’s next console.

1. Next-Gen AMD Architecture with Massive Performance Leap

The PS6 is expected to feature a custom AMD Zen 6 CPU and an advanced RDNA 5 (or UDNA) GPU built on TSMC’s 3nm process. Reports suggest up to 8–10 CPU cores with 3D-stacked cache and a GPU capable of native 4K at 120fps or higher, with strong 8K upscaling potential. This represents a substantial generational leap, targeting smoother gameplay and more complex game worlds.

2. Advanced AI-Powered Graphics and Upscaling

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Building on the PS5’s PSSR technology, the PS6 is rumored to include significantly enhanced AI upscaling and frame generation. “Neural Arrays” for real-time AI processing could enable smarter upscaling, dynamic NPC behavior, and even procedural content generation. This would allow developers to create richer environments without sacrificing performance.

3. Massive GDDR7 Memory and Faster Storage

Leaked specifications point to 24–32GB of high-speed GDDR7 memory and a 2TB+ custom SSD with dramatically improved load times. Faster data transfer rates would support larger, more detailed open worlds and near-instantaneous fast travel, addressing one of the few remaining bottlenecks in modern gaming.

4. Full Backward Compatibility with Enhanced Features

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Sony is expected to emphasize seamless backward compatibility with PS4 and PS5 titles. Many games could receive automatic enhancements, including higher resolutions, improved frame rates, and ray tracing where previously unavailable. This would protect the massive existing library while encouraging upgrades.

5. Dedicated Handheld Companion Device

Multiple reports suggest Sony is developing a high-end handheld codenamed “Project Canis” that works as a companion to the PS6. The device is rumored to feature a capable AMD APU, allowing remote play with minimal latency and potentially standalone gaming for select titles. This would position Sony to compete directly with Nintendo and rumored Xbox handheld efforts.

6. Revolutionary Controller Technology

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The DualSense successor is expected to feature even more advanced haptic feedback, adaptive triggers, and possibly biometric sensors for health and immersion features. Improved battery life and a sleeker design are also anticipated, building on the already industry-leading DualSense.

7. Major Focus on Ray Tracing and Lighting

Next-generation ray tracing hardware is expected to deliver near-photorealistic lighting, reflections, and shadows in real time. Combined with AI assistance, this could dramatically raise visual fidelity without the heavy performance cost seen on current consoles.

8. Enhanced Cloud Gaming Integration

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Sony is reportedly deepening its cloud infrastructure to support seamless streaming, cross-device play, and larger-scale multiplayer experiences. The PS6 could serve as both a powerful local device and a sophisticated cloud gaming hub, blurring the lines between hardware and streaming.

9. Sustainability and Modular Design

In response to environmental concerns, the PS6 may incorporate more recyclable materials, improved energy efficiency, and a modular design allowing easier upgrades or repairs. This would align with growing consumer demand for sustainable electronics.

10. Deeper AI Integration Across the Ecosystem

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Beyond graphics, AI is expected to power smarter matchmaking, personalized recommendations, dynamic difficulty adjustment, and even in-game assistance tools. Sony’s investment in AI could make the PS6 feel more intelligent and responsive than any previous console.

Pricing and Availability Outlook

Analysts expect the base PS6 to launch between $599 and $699, with a premium “Pro” variant potentially reaching $999. Initial supply is likely to be limited due to the advanced components, following the pattern of previous PlayStation launches.

The PS6 is shaping up to be Sony’s most ambitious console yet, combining raw power, intelligent features, and ecosystem expansion. While many details remain unconfirmed, the consistent flow of credible leaks suggests Sony is preparing something truly next-generation.

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As development continues behind closed doors, excitement continues to build. Whether arriving in late 2027 or early 2028, the PlayStation 6 promises to redefine console gaming once again, blending cutting-edge hardware with intelligent software in ways that will shape the industry for years to come.

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GLU: Data Centers Serve As A Growth Catalyst (NYSE:GLU)

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GLU: Data Centers Serve As A Growth Catalyst (NYSE:GLU)

This article was written by

Financial analyst by day and a seasoned investor by passion, I’ve been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I created a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Oil prices rise 1% as no end to Iran war stand-off seems in sight

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Britannia Hotels responds to calls to restore famous hotel ‘to former glory’

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Blackpool’s Metropole Hotel has been used as asylum seeker accommodation for five years

The Britannia Metropole Hotel in Blackpool

The Britannia Metropole Hotel in Blackpool(Image: Lancs Live)

The owners of Blackpool’s Metropole Hotel have responded after calls were made to ‘restore it to former glory’ following almost five years as a base for asylum seekers.

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Last week the Home Office confirmed that migrants currently living in the seafront property have been given notice to leave in July.

After welcoming this news, Blackpool South MP Chris Webb, a long term critic of the Metropole being used to house migrants, said the locally-listed hotel should be restored as a tourist destination after the families leave.

The MP has gone as far as to set up a petition to gather backing for his calls, which is already gaining support.

The Metropole, owned by Britannia Hotels Group, is one of Blackpool’s grandest hotels architecturally and, uniquely, is the only one located on the sea side of the famous tram tracks.

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The MP said: “The Metropole should never have lost its purpose as a tourist destination.

“No more wasted potential. No more excuses. If you care about Blackpool’s future, take 30 seconds and sign my petition. I need your support.”

Now Britannia has responded to the calls over the Metropole.

A spokesperson for the hotels group commented: “We welcome constructive conversation regarding the future of The Metropole Hotel in Blackpool and fully understand the local interest in restoring this iconic hotel as a community asset.

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“We are currently reviewing our options while giving due consideration to local perspectives, and we will share further updates with the community once a plan has been finalised.”

Former hotelier and StayBlackpool director Ian White praised the hotel group’s work in the resort and said: “I very much appreciate the immense effort the Britannia group has made across Blackpool and I trust the same ethos with follow at the Metropole once it is returned to the Britannia Group.

“With the end date stated as sometime in July, there must be a period of refurbishment before the rooms are returned to general holiday use.

“With Blackpool having such an extreme oversupply of holiday bed spaces we desperately need Chris Webb to deliver the promised Short Stay Accommodation registration scheme as a matter of urgency,

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“It is appreciated this will take time to roll out in a way that it can deliver a credible scheme, plus clarity on the powers that will be provided to the council to protect the public from unfit, possibly dangerous properties.”

Mr Webb has denied suggestions on social media that the migrants would move on to another local hotel after leaving the Metropole, stating that they would be sent to other locations on Serco sites across the country or in new-build military bases.

Mr Webb’s petition can be found at https://www.chriswebb.org/news/petition-reopen-the-metropole-hotel-as-a-tourist-destination-for-blackpool

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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Investors react to BOJ’s decision to hold rates

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Investors react to BOJ’s decision to hold rates


Investors react to BOJ’s decision to hold rates

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BOJ keeps rates steady but 3 board members dissent, call for hike

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Top 10 AI Companies Leading New Zealand’s Tech Boom in 2026

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Artificial Intelligence / AI

AUCKLAND — New Zealand’s artificial intelligence sector is experiencing explosive growth in 2026, with a wave of innovative startups and established players driving advancements in agritech, healthcare, customer experience, and maritime intelligence, positioning the country as a rising force in the global AI landscape.

Artificial Intelligence / AI
Top 10 AI Companies Leading New Zealand’s Tech Boom in 2026
BoliviaInteligente / Unsplash

From autonomous digital humans to precision farming tools and advanced analytics platforms, Kiwi AI companies are attracting international investment and talent while solving real-world problems unique to New Zealand’s economy and environment. Here are the top 10 AI companies making the biggest impact this year, based on innovation, funding, market traction and industry influence.

1. Soul Machines (Auckland/Wellington) Soul Machines remains New Zealand’s AI flagship. The company, known for creating autonomously animated “digital people” with emotional intelligence, continues to lead in humanized AI interfaces. Its technology powers customer service avatars for major banks, healthcare providers and retailers worldwide. In 2026, Soul Machines expanded its emotionally intelligent agents with improved real-time responsiveness and cultural adaptability, securing major enterprise contracts across Asia-Pacific. The company’s biologically inspired models are considered among the most advanced in conversational AI globally.

2. Halter (Auckland) Halter solidified its status as New Zealand’s first agritech unicorn with its AI-powered virtual fencing systems for cattle. Using solar-powered collars and sophisticated algorithms, Halter enables farmers to manage herds remotely, improving animal welfare and pasture utilization. The company raised significant funding in 2025 and expanded internationally in 2026. Its technology is now used on thousands of farms, demonstrating how AI can transform traditional industries like agriculture, which remains vital to New Zealand’s economy.

3. Yabble (Auckland) Yabble has emerged as a leader in insight-driven AI analytics. The platform uses generative AI to automate qualitative research and data interpretation, helping brands extract actionable insights from customer feedback at scale. In 2026, Yabble launched new features for real-time sentiment analysis and predictive trend modeling, winning major clients in retail and consumer goods. Its user-friendly interface has made advanced AI accessible to non-technical teams.

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4. Thematic (Auckland) Thematic specializes in AI-powered customer experience analytics. Its platform automatically analyzes feedback from surveys, reviews, and support interactions to identify themes and trends. The company reported strong growth in 2026 as businesses increasingly prioritize customer intelligence. Thematic’s ability to turn unstructured data into strategic insights has made it a go-to solution for enterprises seeking to improve retention and satisfaction.

5. Starboard Maritime Intelligence (Auckland) Starboard leverages AI for maritime domain awareness, using satellite data and machine learning to track vessels, detect illegal fishing, and enhance maritime security. The company has gained international recognition for its work supporting Pacific Island nations and environmental monitoring. In 2026, Starboard expanded its predictive analytics capabilities, helping governments and commercial fleets optimize routes and reduce environmental impact.

6. Arcanum AI (Wellington) Arcanum AI focuses on explainable AI for regulated industries. Its platform helps organizations deploy transparent machine learning models in finance, healthcare, and government sectors. The company’s emphasis on ethics and auditability has driven adoption among institutions requiring compliance and trustworthiness. Arcanum reported strong revenue growth in 2026 as demand for responsible AI solutions increased globally.

7. Custom D (Christchurch) Custom D delivers tailored AI solutions for insurance, logistics, and manufacturing. Known for practical, industry-specific applications, the Christchurch-based firm combines machine learning with deep domain expertise. In 2026, it launched new computer vision tools for quality control and risk assessment, helping clients reduce costs and improve safety.

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8. Quantiful (Auckland) Quantiful uses AI to optimize retail and e-commerce operations through demand forecasting and personalized recommendations. The company’s technology helps retailers reduce waste and improve customer experiences. Strong partnerships with major New Zealand and Australian brands have fueled steady growth throughout 2026.

9. Avertana (Auckland) Avertana applies AI to resource recovery and circular economy solutions. Its intelligent systems identify and sort materials for recycling with high accuracy. The company’s work supports New Zealand’s sustainability goals and has attracted international interest from waste management firms seeking smarter processing technologies.

10. NextWork (Auckland) NextWork focuses on AI-driven workforce upskilling and talent development. Its platform uses adaptive learning algorithms to create personalized training programs for companies undergoing digital transformation. The company raised significant funding in 2025-2026 to expand globally, capitalizing on the growing need for AI literacy in the workforce.

New Zealand’s AI Ecosystem Thrives

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New Zealand’s AI sector benefits from strong government support, world-class universities (particularly the University of Auckland and University of Otago), and a collaborative startup culture. The country’s focus on ethical AI, combined with expertise in agriculture, environmental science, and healthcare, has created unique advantages in vertical AI applications.

Investment in AI startups has surged, with venture capital firms showing strong interest in companies addressing climate challenges, sustainable agriculture, and responsible technology development. Auckland remains the primary hub, but innovation is spreading to Wellington, Christchurch, and Dunedin.

Challenges remain, including talent retention (many graduates are lured overseas by higher salaries) and access to large-scale computing infrastructure. However, partnerships with international tech giants and a growing emphasis on domestic capability building are helping address these gaps.

Future Outlook

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As 2026 progresses, New Zealand’s AI companies are poised for even greater impact. The combination of technical excellence, ethical focus, and practical problem-solving positions the country well in the global AI race. From Soul Machines’ empathetic digital humans to Halter’s intelligent farming systems, Kiwi innovation is proving that smaller nations can lead in specialized, high-value AI applications.

For businesses and investors looking at the AI space, New Zealand offers a compelling mix of cutting-edge technology, stable governance, and a collaborative ecosystem. The top 10 companies listed here represent only a fraction of the talent and ambition emerging from this South Pacific tech powerhouse. As the year unfolds, expect more breakthroughs from these leaders and the next wave of startups following closely behind.

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Singapore's Centurion Corporation swoops on second Pilbara property

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Singapore's Centurion Corporation swoops on second Pilbara property

A Singaporean real estate investment trust has splashed $28 million on a Port Hedland apartment block one week after entering the Pilbara with its first acquisition in Karratha.

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