US Airways CEO Says 'No Rush' On AMR Corp | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 09.14.17

Airborne 09.18.17

Airborne 09.19.17

Airborne 09.20.17

Airborne 09.14.17

Airborne 09.15.17

Airborne-Unmanned 09.19.17

Airborne-YouTube

AMA 09.14.17

Airborne 09.18.17

Airborne 09.19.17

Airborne 09.20.17

Airborne 09.14.17

Airborne 09.15.17

Airborne-Unmanned 09.19.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Sat, Jul 07, 2012

US Airways CEO Says 'No Rush' On AMR Corp

Requested For More Time To Formulate Exit Plan Will Delay Merger Talks

Any merger between AMR Corp, the parent of American Airlines and American Eagle, and US Airways Group would be unlikely before the end of the year, according to US Airways CEO Doug Parker. The message was sent in a Fourth of July note to the airline's employees.

US Airways has made no secret of its desire to make a formal bid for the struggling legacy carrier as it exits from Chapter 11 bankruptcy. But AMR recently asked a judge for more time to work on that exit strategy, which Parker (pictured) said would delay any formal bid. He said it was important to respect the bankruptcy process.

Reuters reports that Parker said that "there is no urgency to merge," and that as long as AMR remains in bankruptcy court, the speculation is likely to continue. Some of American's unions had called on the airline's management to open merger talks with US Airways, but American's pilot's union recently reached an agreement with the airline, and management is again talking with its flight attendants and mechanics.

Since declaring bankruptcy, American has held that it wants to emerge from the process as a stand-alone carrier, but has agreed to at least explore the possibility of merging with another airline. The unions had pushed for a deal with US Airways to help it with both its U.S. and international routes.

FMI: www.usairways.com

Advertisement

More News

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne-Unmanned 09.12.17: AUVSI Initiatives, UAS v Hurricanes, Collapsible GDU

Also: Hydrogen-Powered Jupiter-H2 UAS, Red Cross, PrecisionHawk, Drone Privacy, Inview Drone Inspection AUVSI announced at a meeting of its Remote Pilots Council several initiative>[...]

AMA Drone Report 09.14.17: MultiGP NatÂ’l Championship, GDU O2, ICAO Registration

Also: AMA Monitoring Volunteer Drones, Aerix DaVinci, FAA ReAuthorization, TobyRich, ADR Test Pilots The 2017 MultiGP National Drone Racing Championship are being held now through >[...]

Airborne 09.19.17: Avro Arrow, Virgin Orbit, No Pot Delivery By Drone

Also: NFlightMic Debut, Natl Av Hall Of Fame, Aero-Calendar, MD v FAA, Med Drone Transport, Ryanair, 'Black Sheep' Kraken Sonar Systems, working with OEX Recovery Group, has discov>[...]

Airborne-Unmanned 09.19.17: FAA OKs FL Drone Ops, ICAO Registry?, No Pot Drones

Also: FAA Reauthorization, Medical Drone Transport, USMC Quadcopters, Canister Launched UAS, Atlas Dynamics Airborne, primarily based in Jacksonville, FL is starting to recover fro>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC