United Airlines Holdings Inc.

(NASDAQ:UAL) CEO Scott Kirby indicated that the airline is open to acquiring airport slots, gates, and other strategic assets from struggling rivals.

However, he In a conversation with Reuters on Sunday, on the sidelines of the International Air Transport ​Association's (IATA) annual meeting in Rio de Janeiro, Kirby dismissed the likelihood of a major consolidation deal following the rejection of a merger proposal from United by American Airlines Group Inc.

(NASDAQ:AAL)earlier this year, a topic Kirby had also broached with President Donald Trump.

Kirby defended the proposed merger, arguing it would have been advantageous for consumers.