Talks about possible merger between US Airways and American Airlines continue
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CHARLOTTE—US Airways Chairman and CEO, Doug Parker, continues to talk about a possible merger with American Airlines.
Parker addressed the National Press Club Wednesday and talked about a number of effects of a possible merger, from ticket prices to union negotiations. Parker is not shy about his intentions for a possible merger with American Airlines.
He addressed numerous questions about the subject during a speaking engagement with the National Press Club Wednesday afternoon.
"By combining complimentary networks to provide more attractive and efficient service, mergers have lead to increased traffic, cost reductions, and vigorous competition," said Parker.
Much of the talk was business including US Airways anticipated second quarter earnings, due out next week. Parker also fielded questions affecting customers, like ticket prices.
"Ticket prices are hard to project,” said Parker. “I don't think the merger itself would have any impact positively or negatively for the most part. Both of us price our product to compete with United and Delta, Southwest and all the others. The combined airline would be competing against exact same group of airlines," said Parker.
Parker does not anticipate a change in headquarters or hubs, if the two airlines merge. And he said more planes in the combined airline's fleet will mean more options for the traveler.
Parker said he hopes to seek anti-trust approval for the merger by the end of the year and doesn't anticipate any regulatory issues.