US Airways CEO Predicts Delta Will Lead Merger Mania | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 11.26.14 ** HD iPad-Friendly -- Airborne 11.26.14 **
** Airborne 11.24.14 ** HD iPad-Friendly -- Airborne 11.24.14 **
** Airborne 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **

Fri, Dec 07, 2007

US Airways CEO Predicts Delta Will Lead Merger Mania

But Probably Not With His Airline

If the domestic airline industry moves towards consolidation, Delta Air Lines will lead the charge. That's the opinion of US Airways CEO Doug Parker, even though his own hostile takeover bid for Delta failed this past spring.

When his turn came at this week's Reuters Aerospace and Defense Summit in Washington, DC, Parker (above) said Delta is uniquely positioned to be the catalyst for what could be a wave of airline mergers... despite the carrier's earlier reluctance towards US Airways.

"Delta will be the trigger if they want to be," said Parker. "When they decide to do something, that will be the trigger."

Parker reasons US Airways and Northwest are too small to kick start the process, while United is willing but has so far been unable to generate much interest. American and Continental Airlines appear unwilling to try.

He told Reuters he believes 2008 will be a difficult year for the airlines, but that they are better prepared to survive an economic downturn today than they were in the past.

"I think the definition of a difficult year in our business has gotten more manageable," Parker said.

FMI: www.usairways.com, www.delta.com

Advertisement

More News

Airborne 11.26.14: Island Air Scrooges Pilots, DC's NextGen, EAA On Stadium Flts

Also: F35C Pilots Build Time, A Sea Of Yellow Cubs, Lycoming's Dual Fuel Husky, CAP's Gold Medal, Boeing SC's First 787-9 This report could be called the story of the Grinch who st>[...]

AeroSports Update: What Is An LSA, And How Do I Know?

The Term Light Sport Aircraft (LSA) Is A Description Of An Aircraft, Not A Specific Type Of Aircraft Airworthiness Certification Anyone that holds a sport pilot certificate, or any>[...]

Airborne 11.26.14: Island Air Scrooges Pilots, DC's NextGen, EAA On Stadium Flts

Also: F35C Pilots Build Time, A Sea Of Yellow Cubs, Lycoming's Dual Fuel Husky, CAP's Gold Medal, Boeing SC's First 787-9 This report could be called the story of the Grinch who st>[...]

Aero-TV: SyberJet Update -- A Whole New Program

Fast and Agile -- The Latest Updates To The SyberJet Program Show Promise While at NBAA2014, ANN CEO and Editor-In-Chief, Jim Campbell, visited with Mark Fairchild, the general man>[...]

ANN's Daily Aero-Linx (11.27.14)

International Civil Aviation Organization The ICAO is a UN Specialized Agency,and a global forum for civil aviation.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC