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Jul31
US Airways Group Inc., CEO Parker Looking for Another Merger Partner?
Several months ago I did a mini series of posts on a possible merger between United Airlines and Delta Air Lines or United Airlines and Continental Airlines.  I still believe that merging with another carrier is the only way that many of the legacy carriers will survive.  I believe that a United/Continental merger would be a great combo.  However, US Airways CEO Doug Parker, has been eyeing Delta Airlines as a possible merger partner even though his company is barely through their first merger with America West.  But Delta Air Lines CEO, Gerald Grinstein, has told Parker that he wants his company to emerge next year as a stand alone company, not part of US Airways or any other airline. 
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US Airways Group's (LCC) chief executive called Delta Air Lines' CEO this summer to gauge his interest in a possible merger, according to a newspaper report, citing people familiar with the situation.

USAirways_FS_11-05.gifDelta CEO Gerald Grinstein told his counterpart at US Airways, Doug Parker, that Delta wasn't interest in starting merger talks because the Atlanta-based airline plans to exit bankruptcy-court protection next spring as a stand-alone carrier, the Wall Street Journal reported.

The newspaper said that no subsequent discussions have occurred between the two airlines. The WSJ said a Delta spokeswoman would not confirm or deny the conversation between Parker and Grinstein.

Airwise News


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