An American Eagle pilot was suspended after failing a blood-alcohol test as he prepared to fly on Friday to New York City from Minneapolis-St. Paul International Airport, authorities said. (Jan. 4)
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An American Eagle pilot was suspended after failing a blood-alcohol test as he prepared to fly on Friday to New York City from Minneapolis-St. Paul International Airport, authorities said. (Jan. 4)
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Workers try to clear boats and debris from the New Jersey Transit Morgan draw bridge Wednesday, Oct. 31, 2012, in South Amboy, N.J., after Monday's storm surge from Sandy pushed boats and cargo containers onto the train tracks. Travel in the Northeast creaked back into motion on Wednesday, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/Mel Evans)(AP Photo/Mel Evans)
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This photo provided by the Metropolitan Transportation Authority of the State of New York shows a boat resting on the tracks at Metro-North's Ossining Station in the aftermath of Hurricane Sandy on Tuesday, Oct. 30, 2012, in Ossining,N.Y. Travel in the Northeast creaked back into motion on Wednesday, Oct., 31, 2012, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/Metropolitan Transportation Authority of the State of New York) MANDATORY CREDIT
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FILE - In this January 26, 2012, file photo, shows the flight control center at American Airlines headquarters in Fort Worth, Texas. Travel in the Northeast creaked back into motion on Wednesday, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/LM Otero)
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Railroad tracks West of Penn Station bear a brown color Wednesday, Oct. 31, 2012, in New York. Travel in the Northeast creaked back into motion on Wednesday, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/Craig Ruttle)
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A passenger checks the departures board at Pittsburgh International Airport in Imperial, Pa, Wednesday, Oct. 31, 2012. Travel in the Northeast creaked back into motion on Wednesday, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come.(AP Photo/Gene J. Puskar)
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A runway at the Teterboro Airport is flooded in the wake of superstorm Sandy on Tuesday, Oct. 30, 2012, in NewJersey. Travel in the Northeast creaked back into motion on Wednesday, Oct. 31, 2012, at a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/Mike Groll)
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Passengers check in for their flights at the US Airways ticket counter at Pittsburgh International Airport in Imperial, Pa, Wednesday, Oct. 31, 2012. Travel in the Northeast creaked back into motion on Wednesday, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/Gene J. Puskar)
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Motorists flock to a working gas station in the aftermath of superstorm Sandy, Wednesday, Oct. 31, 2012, in Rockville Center, N.Y. Travel in the Northeast creaked back into motion on Wednesday, a grinding, patchy recovery that made it clear that stranded travelers will struggle to get around for days to come. (AP Photo/Jason DeCrow)
Source: AMR, US Airways delay meeting on merger
DALLAS (
AP) — The boards of
American Airlines parent
AMR Corp. and
US Airways have pushed back meetings to consider final plans for their merger,
Associated Press sources say.
A source close to the matter said Sunday that the AMR board wants to meet in person, and that the US Airways board would only meet after the AMR board approves a deal. The source requested anonymity because the talks are private.
It is not clear when the two boards would finally meet. People familiar with the matter said negotiations are continuing, on issues that include AMR CEO Tom Horton's exact title and role in the combined company.
Discussions were centered on Horton being a non-executive chairman of the board while US Airways management, led by CEO Doug Parker, would run the day-to-day operations of the new carrier, which would keep the American Airlines name.
The negotiations could still fall apart. United Airlines and Continental Airlines were within days of announcing a merger in 2008 when that deal fell apart, although they later resumed talks and completed a deal in 2010.
If American and US Airways combine, it would create the world's biggest airline as measured by passenger traffic, although United Continental Holdings Inc. would still be slightly bigger if regional operations such as United Express and American Eagle are counted.
On Friday, US Airways pilots ratified an agreement covering their pay and working terms if there is a merger. That was the last major piece to fall into place on the labor side for a merger to occur. American Airlines pilots approved a similar agreement in December. All three of American's unions support a merger that would result in US Airways management running the new company.
The committee representing unsecured creditors in AMR's bankruptcy case had planned to meet Monday.
Tags:
american airlines, united airlines, northwest airlines, continental airlines, amr, texas, merger, los angeles international airport, business, airways, airways management, final plans, regional airline, non-executive chairman, continental holdings inc., boeing 757, airways pilots, amr board, airlines parent amr, amr ceo tom, deal fell apart although they later, associated press sources, american airlines pilots, airways board, ceo doug parker
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