Coverage of the merger between American Airlines and US Airways

American Airlines, US Airways Merger Announcement Could Be Pushed Back

By Ken Kalthoff
|  Thursday, Feb 7, 2013  |  Updated 7:03 PM CDT
View Comments (
)
|
Email
|
Print
American Airlines union leaders believe a merger with US Airways would help the airline soar in a new direction.

Ken Kalthoff, NBC 5 News

American Airlines union leaders believe a merger with US Airways would help the airline soar in a new direction.

advertisement

Talks between American Airlines and US Airways about a possible merger continued Thursday, but a rumored announcement of a merger deal may be pushed back a week, according to CNBC sources.

Several sources told NBC 5 on Wednesday that a merger deal is imminent and could be announced as soon as Tuesday.

Merger proposals made public by US Airways in the past would keep the name American along with American's Fort Worth headquarters.

The combined airline would have 1,500 planes, 6,700 daily flights and more than 100,000 employees, again making American the world's largest carrier.

United and Delta have completed mergers that knocked American down to No. 3.

Employee unions strongly support a merger and hope to see it happen soon, while American is still in bankruptcy court.

"There are enormous financial advantages to executing this merger in bankruptcy," Allied Pilots Association spokesman Tom Hoban said.

"The synergies between the two route structures, a potential change in leadership with a fresh vision for the combined airline make it very attractive to do it sooner rather than later," he said.

American CEO Tom Horton is said to be fighting to keep a leadership role in the combined company.

Many employee and creditor groups favor US Airways CEO Doug Parker.

"What the front-line employees want to see is a change in this dysfunctional corporate culture that we've got with regard to employee relations here at American Airlines, and we believe that new leadership will help us accomplish that," Hoban said.

Horton could not be reached Thursday, and an American Airlines spokesman said the company has no comment about the ongoing merger talks.


American Airlines Merger:
Complete coverage of the merger between American Airlines and US Airways into the newly-formed Fort Worth-based company, American Airlines Group (AAL). Click here for more.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get NBCDFW on Mobile!
Get NBCDFW's free news and weather... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out