FlyerTalk Forums - View Single Post - US Airways Explores Merger with Delta
View Single Post
Old Jul 29, 2006 | 10:38 am
  #1  
sunil
All eyes on you!
25 Years on Site
 
Join Date: Jun 1999
Location: Somewhere
Posts: 1,245
US Airways Explores Merger with Delta

NEWS ALERT
from The Wall Street Journal


July 29, 2006

US Airways Group Inc. Chief Executive Doug Parker, buoyed by a stock
price that has more than doubled since the company's merger with America
West Airlines, telephoned Delta Air Lines Chief Executive Gerald
Grinstein earlier this summer to gauge his interest in a possible merger,
according to people familiar with the situation.

Mr. Grinstein told Mr. Parker that Delta wasn't interested in starting
merger talks, because the Atlanta-based airline plans to exit
bankruptcy-court protection next spring as a stand-alone carrier, according to
those people.
sunil is offline