NEWS ALERT
from The Wall Street Journal
July 29, 2006
US Airways Group Inc. Chief Executive Doug Parker, buoyed by a stock price that has more than doubled since the company's merger with America West Airlines, telephoned Delta Air Lines Chief Executive Gerald Grinstein earlier this summer to gauge his interest in a possible merger, according to people familiar with the situation.
Mr. Grinstein told Mr. Parker that Delta wasn't interested in starting merger talks, because the Atlanta-based airline plans to exit bankruptcy-court protection next spring as a stand-alone carrier, according to those people.
