American Airlines' CEO tells US Airways CEO over breakfast that he's not rushing into anything
Skift Take
American's desire to stay independent received a boost today as bankruptcy judge said that AMR could have a little more time to get itself into shape before it would be forced to present its reorganization plan.
The CEOs of American Airlines parent AMR Corp. and US Airways met over breakfast Thursday to talk about potential merger scenarios.
AMR's Thomas Horton told US Airways' Doug Parker that he won't be rushed into any deals and will methodically compare all offers against AMR's plan for remaining independent, said a person familiar with the discussion. This person spoke on condition of anonymity because details of the meeting haven't been made public.
US Airways Group Inc. said it hoped the meeting was the start of a process in which it can show the benefits of a merger between the two airlines.
Parker has conducted an unusually public campaign for a merger that would presumably result in a new co
