US Airways CEO is upbeat on progress
By Thomas Olson
TRIBUNE-REVIEW
Thursday, May 18, 2006
America West Holdings would have declared bankruptcy in 2005 if it hadn't merged with US Airways Group last May, said its CEO at US Airways' annual meeting Wednesday.
"What a difference a year makes," upbeat US Airways chief Doug Parker told shareholders in Charlotte, N.C. The meeting -- which lasted less than 30 minutes, including questions from the floor -- was broadcast over the Internet. ......
US Airways still needs to combine labor contracts and operating systems. Talks with pilots have already begun.
"We are interested in moving forward, not backward," Jack Stephan, head of the US Airways unit of the Air Line Pilots Association, told Parker at yesterday's meeting.
"We want (Parker) to run the most efficient operation he can," said J.R. Baker, head of the pilots-union's America West unit, by telephone. "Then, US Airways can take care of its people, as well as the investors."
Oh, look! A straw. I think I will grasp for it!! This statement made by Parker can not be proven, and in fact was disallowed in the arbitration testimony by Aviation Industry experts. Keep grasping......