A bankruptcy judge will consider the merger of American Airlines and US Airways on March 27. The two carriers last week announced plans to merge in an $11 billion deal.
When the airline filed for bankruptcy in November 2011, Tom Horton was simultaneously elevated to CEO. But from the minute he reached the top, a number of forces started converging against him.
AMR CEO Tom Horton won’t get to lead the new American Airlines after it merges with US Airways, but he will get a going-away prize of nearly $20 million.
After months of courtship, American Airlines and US Airways are officially tying the knot. In the aviation industry’s newest marriage, the two carriers will create the world’s largest airline.
More of the pieces seem to be falling into place and a picture is starting to emerge of what an American Airlines-US Airways merger might look like.
US Airways CEO Doug Parker is travelling the country telling anyone and everyone that this is the right time for his airline to merge with Fort Worth-based American Airlines.
The CEO of US Airways says he still wants to merge with American Airlines, but he’s in no hurry.
US Airways announced that it wants to merge with American Airlines. While it has not made an offer, it has struck an agreement with the airline’s unions.
In the 1980s, young graduates in a Dallas office were tasked with making sense of deregulation. Today, four of them are running airlines.