I’ve never been the biggest Doug Parker fan. I think he says thing sometimes just to make headlines, and frankly I think he has something of an ego.
So, to see stories like this one keep popping up is a bit annoying. Doug says there is “tremendous support” in the financial markets for a USAirways/AA merger and that such a merger would be great for shareholders.
I’m not saying it’s impossible but I do question what makes this such a foregone conclusion. It’s not even certain that the unions can come to some agreement. AA’s unions see US as the savior now, but US still doesn’t have labor harmony 7 years after it’s last merger.
And, as an aside, kudos to Tom Horton (AMR CEO) for letting Doug take the headlines. AA has a lot of work ahead of it and they don’t need to be bogged down in Doug Parker’s lego world.
Like I said, I’m not ruling out that a merger could turn out to be the right thing. But, other than Doug Parker and some unions that haven’t been happy for a decade, I don’t hear anyone else saying why this is so positive.