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 Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.03.16

Airborne 02.04.16

Airborne 02.05.16

Airborne Hi-Def On YouTube

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.03.16

Airborne 02.04.16

Airborne 02.05.16

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 02.09.16: Garmin ADS-B TXP, LEO Helo v UAV, CA Mid-Air

Also: Blue Origin, Aero-Calendar, FA Legislation, F-35C Update, Delta Succession, First SLS Flight, PWC History Garmin has a game changer going as they announced their new GTX 345 >[...]

AD: Airbus Helicopters Deutschland GmbH Helicopters

AD NUMBER: 2016-03-05 PRODUCT: Airbus Helicopters Deutschland GmbH (Airbus Helicopters) Model MBB-BK 117 C-2 helicopters with a certain Goodrich rescue hoist damper unit (damper un>[...]

AD: Turbomeca S.A. Turboshaft Engines

AD NUMBER: 2016-03-02 PRODUCT: All Turbomeca S.A. ARRIEL 2C, 2C1, 2C2, 2S1, and 2S2 turboshaft engines with modification TU34 or TU34A installed.>[...]

ANN's Daily Aero-Linx (02.10.16)

Drone Webinar Video One of the hottest segments of aviation right now involves Unmanned Aerial Systems (UAS), commonly called drones. Whether for fun, for agriculture or for first >[...]

ANN's Daily Aero-Term (02.10.16): Clear Air Turbulence (CAT)

Turbulence encountered in air where no clouds are present. This term is commonly applied to high-level turbulence associated with wind shear.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC