Originally Posted by
EWRflyr
Let's see: Parker was CEO of USAirways NOT American Airlines and as such had no control over the American operation until he became CEO of AMR. That occurred Thursday and he is already supposed to know what he is going to do with Eagle his first day on the job?
He would have been accused of making decisions too fast if he announced something on the day he took over. Of course he is going to take time to evaluate the entire organization from his own perspective with his people before he makes any decisions regarding Eagle's future as a wholly-owned.
Actually he will not be CEO of AMR until the deal is closed. The airlines announced they plan to merger but the merger itself won't happen until 3rd QT this year. Now, we know that from Thursday or actually since they decided to dance but had to do the formalities he has been running the company and now until the merger is finalized (not integration) he will run the company by telling AMR CEO ToHo what to do. Up to a few weeks ago ToHo was doing whatever he wanted, but it seems after the RAH deal and a few other things his wings were clipped as the BOD decided to make the merger happen and started the paperwork with the government as early as January. But your point is taken in that he is just transitioning from trying to acquire the airline to now transition into the merger and then integration.