DOT Secretary Duffy Says There’s ‘Room’ for US Airline Mergers

US Transportation Secretary Sean Duffy said he thinks there’s “room” for some mergers in the US aviation industry.

“President Trump, he loves to see big deals happen,” Duffy said during an interview on CNBC Tuesday.

Sean Duffy

Photographer: Anna Moneymaker/Getty Images

The comments come as airlines are grappling with higher jet fuel prices due to the US’ ongoing war with Iran and the effective closure of the Strait of Hormuz, a key passageway for oil transports. The situation could lead to airlines that are better positioned to absorb the higher costs acquiring those that are struggling.

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