AA-US Air merger decision expected soon

Victoria
By Victoria January 7, 2013 10:59

AA-US Air merger decision expected soon

In a letter to employees American Airlines chairman, president and CEO Tom Horton has stated that a final decision on whether the airline will merge with US Airways is expected “within a matter of weeks.”
Horton said he “focused on creating a framework with the unions … that keeps American competitive.” He added, “The proposed MOU will be reviewed alongside other factors under evaluation as part of making an informed decision about whether a merger should be pursued.”
Horton assured employees that American management is “conducting a collaborative, fact-based analysis to determine the best path forward.” Regardless of which direction it takes, progress made under the Chapter 11 process has created “a strong foundation for the future,” putting American “on course to become a premier global airline,” the CEO stated.

Victoria
By Victoria January 7, 2013 10:59
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