«

»

Another mega-merger, US Airways To Keep American’s Name – Aviation Week

A US Airways A319 departs Columbus this April. Ironically, this aircraft joined the airline after the 2005 merger with America West. Photo: Corey Betke - OPShots Contributor

US Airways will assume American Airlines’ name and relocate to the Fort Worth-based carrier’s headquarters, Aviation Week has confirmed.Most of the details of US Airways’ proposal to buy AMR are still unknown, and in its announcement earlier today the Tempe, Ariz.-based airline was hesitant to provide any concrete information apart from assertions that it would reduce AMR’s proposed job cuts from 13,000 to 6,800 and that there will be unspecified “enhancements to the compensation and benefits currently” provided AMR workers.Sources, however, are starting to provide snippets of information. Two insiders with detailed knowledge of US Airways lobbying effort this week on Capitol Hill say delegations from Texas have been assured the takeover will in essence be a reverse merger, something US Airways Chairman and CEO Doug Parker conducted in 2005 when his America West Airlines assumed US Airways’ operations and identity during the Arlington, Va.-based airline’s second Chapter 11 reorganization.

via US Airways To Keep American’s Name, Home.

About the author

Chuck Slusarczyk Jr.

I started OPShots in June 2006 as a place to share and display aviation photos without the often restrictive policies of other aviation websites. I want to share my love of aviation with fellow aviation geeks and provide a spotlight on Cleveland Hopkins International airport in the process.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>