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 04.20.15

Airborne 04.14.15

Airborne 04.15.15

Airborne 04.16.15

Airborne 04.17.15

Airborne Hi-Def On YouTube

Airborne 04.20.15

Airborne 04.14.15

Airborne 04.15.15

Airborne 04.16.15

Airborne 04.17.15

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

New Mooney Acclaim Type S Lost At Lakeland Linder

Aircraft Is Reported To Be Less Than 2 Months Old A nearly brand new Mooney Acclaim, N608MR (pix shown, courtesy of Lakeland FD), was lost in lakeland just prior to the start of th>[...]

Airborne 04.20.15: Mooney Delivers, FAA Wants $$$, New EXP Engines, ANN@Lakeland

Also: BD-22L Accident, CRS-6 First Stage Landing, Gogo/NetJets, Air Canada, Cessna Citation M2, GAMA Hails UK The Mooney International production line seems to be rolling smoothly >[...]

Amazing Amphib! Lakeland 2015 Sponsor Progressive Aerodyne Goes EVERYWHERE

Progressive Aerodyne Does it All -- Land, Sea and Sky! Explore 'no limits' living in the newly FAA certified Searey Elite Amphibious Light Sport Airplane. This distinctive aircraft>[...]

Aspen Avionics, True Innovators, Present SnF2015 Special Event Coverage!

SnF2015 Sponsor: Always-Innovative Aspen Avionics Aspen Avionics specializes in bringing the most advanced technology and capability into general aviation cockpits. Our products in>[...]

Boeing Presents Flight Test 787 Dreamliner To Pima Air & Space Museum

Donation Allows Students, Aviation Enthusiasts, Visitors To See Dreamliner Displayed In Arizona Elected and community leaders and Boeing officials joined together today to celebrat>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC