USAG Remains 'Absolutely Committed' To Delta Bid | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Tue, Dec 12, 2006

USAG Remains 'Absolutely Committed' To Delta Bid

Says Parker's Comments Were Misinterpreted

Despite word last week that US Airways CEO Doug Parker would drop his bid to take over Delta Air Lines if executives at the Atlanta-based carrier couldn't be swayed to see his way on things, US Airways Group says it remains "absolutely committed" to the deal, with or without Delta's blessing.

As Aero-News reported, Parker told reporters last week "We have to get to a point where we are all working together on this, or it's not going to happen. This is all about convincing Delta's management that this plan makes sense."

US Airways president Scott Kirby says Parker's remarks were misinterpreted.

"We are absolutely committed to this transaction," Kirby said.

Kirby added that while USAG would certainly rather have the support of everyone at Delta, it doesn't need that approval... and will continue with its plans regardless of what executives at Delta have to say on the matter.

Delta CEO Gerald Grinstein remains convinced the proposed merger would hurt his airline, as well as customers. In a recent interview with the Washington Post, Grinstein noted "the track record of good mergers is hard to find."

Because Delta is in Chapter 11 bankruptcy, however, executives won't have the final say on the merger bid. Instead, Delta's creditors will decide the airline's fate -- and Kirby stressed it is to that audience US Airways is making its strongest pitch.

FMI: www.delta.com, www.usairways.com

Advertisement

More News

ANN's Daily Aero-Term (04.26.24): DETRESFA (Distress Phrase)

DETRESFA (Distress Phrase) The code word used to designate an emergency phase wherein there is reasonable certainty that an aircraft and its occupants are threatened by grave and i>[...]

Aero-News: Quote of the Day (04.26.24)

"General aviation is at the forefront of developing and introducing innovative technologies that will transform the entire aviation industry..." Source: Kyle Martin, Vice President>[...]

ANN's Daily Aero-Term (04.27.24): Direct

Direct Straight line flight between two navigational aids, fixes, points, or any combination thereof. When used by pilots in describing off-airway routes, points defining direct ro>[...]

ANN's Daily Aero-Linx (04.27.24)

Aero Linx: Women in Corporate Aviation Women in Corporate Aviation support individuals seeking career advancement and professional development in the business aviation industry. Me>[...]

Aero-News: Quote of the Day (04.27.24)

“We would like to thank the many volunteers that help throughout the year to pull off the event, as well as the several reviewers, judges, and SURVICE staff that provide team>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC