9 result(s) displayed (1 - 9 of 9):

US Airways pilots seek federal mediation (from Corporate Dealmaker)

The union representing pilots at US Airways Group Inc. (NYSE:LCC), which has been working on a new contract since the airline's 2005 merger with America West Holdings Corp., on Friday applied for federal mediation as part of its effort to secure a new deal. Pilots from US Airways and the...

Posted on November 13, 2009 4:41 PM

Airlines down but not yet out as cash burn continues (from Corporate Dealmaker)

With airline earning season set to kick off Wednesday, there has been no shortage of stories somberly highlighting what figures to be a rough couple of quarters for the industry. The bear case is pretty straightforward: A bad economy has curtailed travel, forcing the airlines to cut ticket prices to...

Posted on July 14, 2009 3:30 PM

US Airways CEO still interested in airline deals (from Corporate Dealmaker)

US Airways Group Inc. CEO Doug Parker on Wednesday renewed his call for further consolidation of the airline industry, saying domestic carriers need to contract if the business is to stay viable and make money in downturns.Parker, speaking at the company's annual meeting in New York, praised the 2008 merger...

Posted on June 11, 2009 4:15 PM

US Airways: Pilot harmony still a distant destination (from Corporate Dealmaker)

More than three years after America West Holdings Inc. completed its deal for US Airways Group Inc. (NYSE:LCC) and took the larger company's name, the company is still operating without a combined pilot labor deal. And if a court ruling from earlier in the week is any indication, the dispute...

Posted on May 15, 2009 2:45 PM

UAL-US Airways merger may be 10 days away (from Corporate Dealmaker)

Despite labor, finance and antitrust hurdles, a deal between US Airways Group Inc. and United Airlines may come within 10 days, according to a WSJ report. Citing people familiar with the situation, though, the article reports the two carriers haven't worked out all the deal terms, including who would...

Posted on May 5, 2008 1:53 PM

Continental may change partners, boosting BA (from Corporate Dealmaker)

The tempo for the musical-chairs game of airline consolidation has the same disorienting mix of haste and waiting that air travel does. Strategic options seem to shift rapidly, but actual deals take forever. Case in point: Continental Airlines Inc., which last weekend backed away from a merger with UAL Corp.,...

Posted on May 1, 2008 11:07 AM

US Airways' Doug Parker on industry change and consolidation (from Corporate Dealmaker)

In a letter to employees, US Airways Group Inc. CEO Doug Parker said, "We can't ignore what's happening in the world around us," referring to record high oil prices and a possible recession. He also said that if Delta Air Lines Inc. and Northwest Airlines Corp. combine as planned,...

Posted on April 18, 2008 8:31 AM

Airline deals: Integrate now or later (from Corporate Dealmaker)

Merging pilot seniority lists nearly always presents a significant hurdle in airline mergers, as we're seeing now in the possible pairing of Delta Airlines Inc. and Northwest Airlines Corp. According to The Wall Street Journal (subscription only), the airlines are seeking the blessing of unionized pilots before...

Posted on February 19, 2008 11:17 AM

Work in progress: The human factor (from Corporate Dealmaker)

America West CEO Doug Parker faces daunting work-force challenges as he tries to integrate US Airways.

Posted on October 15, 2005 2:06 PM