US Airways Group Inc. CEO Doug Parker told shareholders Thursday that their airline can jump to the top of the industry with a merger with American Airlines.
A combined US Airways-American could “compete with anybody,” Parker said at the company’s annual meeting. American has lost market share to Delta and United over the past five years, a trend that Parker asserts won’t be fixed through bankruptcy reorganization. The merged airline would be the market leader across two-thirds of the country, he said.
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