CEOs of American Airlines and US Airways deliberate on merger


AP

DALLAS — The CEOs of American Airlines parent AMR Corp. and U.S. Airways met Thursday to talk about potential merger scenarios.

AMR’s Thomas Horton told U.S. Airways’ Doug Parker that he won’t be rushed into any deals and will methodically compare all offers against AMR’s plan for remaining independent, said a person familiar with the discussion. This person spoke on condition of anonymity because details of the meeting haven’t been made public.

U.S. Airways Group Inc. said it hoped the meeting was the start of a process in which it can show the benefits of a merger between the two airlines.

Parker has conducted an unusually public campaign for a merger that would presumably result in a new company led by U.S. Airways’ management, although he has vowed to keep the American name and headquarters in Fort Worth, Texas. He won the support of American’s labor unions, which signed conditional labor contracts that would take effect if there is a merger.