200 more furloughs at USairways

[eaglesview]

In September 2005, America West finalized its purchase of US Airways, which was in bankruptcy.​

"US Airways was on the verge of liquidation," Parker said, adding that if America West didn't pick up the pieces, one of its competitors would. "And that would have made our problem even larger."​

Doug Parker, 2005​

I remember that now!!! I think he was just stumbling out of yet another cocktail party looking for his car keys.
Do you really believe ANYTHING these management idiots say?? They will say whatever makes them look good or justify any of a dozen screw ups that occur.
I'd take Crandall, or Wolf over any of these modern day CEO's.