crjdxr
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From the daily ATA Smartbrief:
US Airways CEO tests ground for mergers
[FONT=Verdana, Arial, Helvetica, sans-serif]US Airways Chief Executive Doug Parker this summer asked Delta Air Lines Chief Executive Gerald Grinstein if he was interested in discussing a merger of the two carriers, according to media reports. Grinstein said he wasn't interested in starting merger talks because Delta plans to exit bankruptcy next spring as a stand-alone carrier. The New York Times (free registration)[FONT=Verdana, Arial, Helvetica, sans-serif] (7/30)[/FONT], The Wall Street Journal (subscription required)[FONT=Verdana, Arial, Helvetica, sans-serif] (7/29)[/FONT], CNNmoney.com /Reuters[FONT=Verdana, Arial, Helvetica, sans-serif] (7/31)[/FONT][/FONT]
Report: US Airways CEO asked Delta about merger
US Airways CEO called Delta counterpart this summer to gauge interest in a merger, WSJ reports.
US Airways asked Delta's about merger
July 29 2006: 12:23 PM EDT
CHICAGO (Reuters) -- US Airways Group Inc.'s chief executive called Delta Air Lines Inc.'s CEO this summer to gauge his interest in a possible merger, the Wall Street Journal reported on Saturday, citing people familiar with the situation.
Delta (Charts) CEO Gerald Grinstein told his counterpart at US Airways (Charts), Doug Parker, that Delta wasn't interest in starting merger talks because the Atlanta-based airline plans to exit bankruptcy-court protection next spring as a stand-alone carrier, the Journal reported.
Delta did not immediately return a call seeking comment. A US Airways representative could not immediately be reached.
The newspaper said that no subsequent discussions have occurred between the two airlines. The Journal said a Delta spokeswoman would not confirm or deny the conversation between Parker and Grinstein.
US Airways CEO tests ground for mergers
[FONT=Verdana, Arial, Helvetica, sans-serif]US Airways Chief Executive Doug Parker this summer asked Delta Air Lines Chief Executive Gerald Grinstein if he was interested in discussing a merger of the two carriers, according to media reports. Grinstein said he wasn't interested in starting merger talks because Delta plans to exit bankruptcy next spring as a stand-alone carrier. The New York Times (free registration)[FONT=Verdana, Arial, Helvetica, sans-serif] (7/30)[/FONT], The Wall Street Journal (subscription required)[FONT=Verdana, Arial, Helvetica, sans-serif] (7/29)[/FONT], CNNmoney.com /Reuters[FONT=Verdana, Arial, Helvetica, sans-serif] (7/31)[/FONT][/FONT]
Report: US Airways CEO asked Delta about merger
US Airways CEO called Delta counterpart this summer to gauge interest in a merger, WSJ reports.
US Airways asked Delta's about merger
July 29 2006: 12:23 PM EDT
CHICAGO (Reuters) -- US Airways Group Inc.'s chief executive called Delta Air Lines Inc.'s CEO this summer to gauge his interest in a possible merger, the Wall Street Journal reported on Saturday, citing people familiar with the situation.
Delta (Charts) CEO Gerald Grinstein told his counterpart at US Airways (Charts), Doug Parker, that Delta wasn't interest in starting merger talks because the Atlanta-based airline plans to exit bankruptcy-court protection next spring as a stand-alone carrier, the Journal reported.
Delta did not immediately return a call seeking comment. A US Airways representative could not immediately be reached.
The newspaper said that no subsequent discussions have occurred between the two airlines. The Journal said a Delta spokeswoman would not confirm or deny the conversation between Parker and Grinstein.
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