United, US Airways to Go it Alone, for Now

In a message to employees on Friday, United Airlines CEO Glenn Tilton said the airline would not pursue a merger at this time, according to several published reports.

Tilton and US Airways CEO Doug Parker met in Chicago yesterday. And according to a report in the Arizona Republic, Tilton, who has been vocally pro-consolidation, had reservations about a merger.

Tilton cited several risks to a tie-up, including labor opposition, antitrust issues and record-high fuel prices, according to the Arizona Republic report.