U.S. airline stocks were all around 2% lower ahead of the open Monday.
Though American has rejected a deal, lawmakers ask both carriers to share how it could affect routes and fares.
American Airlines late Friday took the unusual step of rebuffing a merger before it was even made.

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Allegiant Travel Company (ALGT) is reiterated at Hold, with valuation reasonable but significant uncertainty ahead of Q1 earnings on April 30. ALGT posted strong Q4 results—$2.72 EPS, 4.5% revenue g
The statement came after reports earlier this week that United CEO Scott Kirby had pitched President Trump on the potential megadeal.
American Airlines said on Friday that it was not interested in a merger with ​United Airlines and had not held any such ‌talks, diminishing prospects of an industry-reshaping deal that would face
Oscar Munoz, former United CEO, joins 'The Exchange' to discuss a potential merger in the airline space, the sector's demand and more.
Airlines are hiking prices, cutting perks, and travelers still can't get enough. Points Guy Founder Brian Kelly joins Bloomberg Open Interest to break down why airfare isn't dropping anytime soon, how
WTI crude fell more than 14% to about $81 a barrel and Brent dropped 10% to roughly $89. Friday's rally makes particular sense for United because fuel is one of the airline's largest expenses, and UAL
United Airlines and Royal Caribbean shares were leading the S&P 500's gainers as investors “trust in Trump” to deliver peace.
4:20pm: Easing tensions Markets finished the session on a strong note, with major US indexes extending their winning streak as geopolitical tensions showed...
Stocks are gapping higher across the board today as investors cheer the Strait of Hormuz reopening
Airline stocks rallied on Friday after oil prices eased following Iran's announcement that the Strait of Hormuz would remain open. Earlier this week, Iran's foreign minister said the Strait of Hormuz
It took just 11 trading sessions for the S&P 500 to recover from trading down 9%, the fastest among all 9% turnarounds since at least 1990, Barclays analyst Venu Krishna wrote Friday. The index's path
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