expressindia.indianexpress.com
expressindia web
HomeBlogsCricketAstrology ShoppingTendersClassifieds Reader Comments
Font Size
Expressindia » Story

American, US Airways could be close to merger

Reuters

Posted: Jan 30, 2013 at 1034 hrs IST
American, US Airways could be close to merger. (AP)

Dallas The CEO of American Airlines parent AMR Corp. is in talks about becoming chairman if his company merges with US Airways.

That's according to a report in The Wall Street Journal, and it adds to indications that a deal between the two airlines could be close.

The Journal reported Tuesday that people familiar with the matter say AMR Chairman and CEO Thomas Horton's future in a merged airline is still in flux, however. He could wind up in some other role such as vice chairman, if there is a merger.

US Airways Group Inc. has proposed that its chairman and CEO, Doug Parker, run the combined company, which would rival United as the world's biggest airline.

AMR and US Airways are declining to comment.

Print
 
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

1993 serial blasts case: Sanjay Dutt surrenders before TADA court

No arrest for posts on social sites without permission: Supreme Court

Olympic suspension could end in next 2 months: Sports Minister

Varun Gandhi hate speech case: Sting says witnesses forced to turn hostile

High Court orders setting up of medical board to examine Om Prakash Chautala...

Sanjay Dutt withdraws plea, set to surrender before TADA court tomorrow

BJP calls case against Kataria a conspiracy, says GoM on CBI an eyewash

More
© The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map