Fri, Dec 07, 2007
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
"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.
Combining The Capabilities Of Apple Technology And ADS-B Out May Replace Airline Pilot Medicals, But There Could Be A Catch ANN's April 1 "April Fool" Special Edition As the Pilots>[...]
Proposes Legislation To Have Journalists Pass A Basic Written Exam ANN’s April 1 “April Fools” Special Edition Senator James Inhofe (R-OK) has proposed legislatio>[...]
Carrier Says Americans Unwilling To Take The Jobs At What It Can Afford To Pay ANN’s April 1 “April Fool” Edition It may just be the tip of the iceberg, but Repub>[...]
Tries To Prevent Launches From Returning To American Soil The Russian Space Agency Roscosmos has filed a lawsuit in a Russian court against Boeing and SpaceX, saying the two U.S. c>[...]
Also: Inhofe Demands Media Aero-Accountability, "Super Duper" Cub, RANS' Exclusive WalMart Deal, Obama To Keep Air Force One, Cessna Bringing Back Bamboo Bomber Pop-star legend, Da>[...]