US Airways CEO stumps for merger with American



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Posted on July 18, 2012 at 5:58 PM

Updated Wednesday, Jul 18 at 6:19 PM

More jobs, higher wages, profits and a better deal for airline passengers. Those were the buzz phrases in a speech by US Airways CEO Doug Parker at the National Press Club on Wednesday.

Parker told an audience of journalists and others that his proposal to merge with bankrupt American Airlines might not be permanent.

"US Airways is here now and ready to get this done, and there is no guarantee that will be the case forever," Parker said.

That's a variation on Parker's previous "we're always ready for an American merger" stance.

Although he has said that American CEO Tom Horton is a friend who he's known since the 80s, Parker continued to jab at AA's reluctance to merge before it completes its bankruptcy.

"I find it noteworthy that the only opposition to this merger is the senior management at American," Parker said. "We have full Wall Street support. We have employee support. We have bondholder support. We don't have support of the AA management team."

After Parker's appearance, American spokesman Mike Trevino said American is "evaluating the full range of strategic options" and "will not be influenced by baseless rhetoric."