American Airlines (AAL) is said to explore Alaska Air (ALK) revenue-sharing deal, with merger talks raised but didn't gain traction, Bloomberg reports citing sources

American Airlines is reportedly exploring a revenue-sharing deal with Alaska Air, raising potential merger discussions, although these talks haven't gained significant traction. This development could be seen as a strategic move to enhance collaboration, but the lack of progression in merger discussions may temper immediate market reactions. Investors will be watching closely for any shifts in partnership strategies or further consolidation in the airline sector.