Originally Posted by
embraer
Just remember that Parker is cut-throat and plays dirty. He declared bankruptcy TWICE at US Air so he could throw out the labor group contracts TWICE.
Despite this I have always felt he is better than anything currently at AMR...including Horton. .
2000: United Airlines announces a deal to buy US Airways for $4.3 billion but the merger is blocked the following year by the Justice Department.
2002: US Airways enters Chapter 11 bankruptcy reorganization on Aug. 11.
2004: The airline files for bankruptcy protection for the second time in as many years on Sept. 14.
2005 America West announces on May 19 plans to buy US Airways out of bankruptcy. US Airways was days away from being liquidated. America West CEO Doug Parker heads up the new airline, a post he still has today.
2006: Parker makes an unsolicited $8.5 billion bid for Delta Air Lines which was restructuring in bankruptcy court. The airline rebuts the offer, with its CEO calling US Airways ‘‘the worst of all potential merger partners.’’
2009: On Jan. 15, flight 1549 hits a flock of geese and loses power in both engines shortly after taking off from New York’s LaGuardia Airport. Capt. Chesley B. ‘‘Sully’’ Sullenberger ditches the airplane in the Hudson River. All 155 passengers and crew survive.
2010: US Airways and United once again discuss a merger only to have United ultimately chose to merge with Continental.
2011: AMR Corp., the parent of American Airlines, files for bankruptcy protection on Nov. 29. US Airways hires advisers to study a possible combination.
2012: US Airways and American disclose on Aug. 31 that they have signed a non-disclosure agreements and started confidential merger talks.
Feb. 13, 2013: The boards of American and US Airways approve a merger creating the world’s biggest airline.
Doug Parker came after US filed for BK twice.