US Airways moving ahead with merger preparations

Victoria
By Victoria July 19, 2012 13:54

US Airways moving ahead with merger preparations

US Airways Chief Executive Doug Parker told Reuters that the airline was working with legal advisers and is in discussions Justice Department’s antitrust division and with congressional lawmakers and staff over a potential merger with American Airlines. The airline has made no secret of the fact that it would prefer to merge while American was in bankruptcy.
Even though US Airways is in discussions with the antitrust department, Parker has stated that does not believe a deal with American would raise competition concerns and that any tie up with American would make both airlines stronger.

“We are letting people know what’s going on because we know that when mergers in our business get brought up, people start getting concerned,” Parker said to Reuters.

Victoria
By Victoria July 19, 2012 13:54
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="https://www.aviationnews-online.com/wp-login.php?redirect_to=https%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fus-airways-moving-ahead-with-merger-preparations%2F"> registered </a> users can comment.