American, US Airways could be close to merger
American Airlines unveils a new Boeing 777-800 aircraft on January 17, 2013 in Dallas, Texas.
Photographer: Getty Images
Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 01/29/2013
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By: Associated Press
DALLAS, TX - The CEO of American Airlines parent AMR Corp. is in talks about becoming chairman if his company merges with US Airways.
That's according to a report in The Wall Street Journal, and it adds to indications that a deal between the two airlines could be close.
The Journal reported Tuesday that people familiar with the matter say AMR Chairman and CEO Thomas Horton's future in a merged airline is still in flux, however. He could wind up in some other role such as vice chairman, if there is a merger.
US Airways Group Inc. has proposed that its chairman and CEO, Doug Parker, run the combined company, which would rival United as the world's biggest airline.
AMR and US Airways are declining to comment.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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