Doug Parker, returning to the carrier where he began his career, has a vision: He sees American Airlines vaulting to the top of the industry’s major financial benchmarks just three years after the merger he orchestrated with US Airways Group Inc.
US Airways Group Inc. Chief Executive Officer Doug Parker, after three failed attempts at major mergers, clinched a deal to combine with AMR Corp.’s American Airlines and form the world’s biggest carrier.
US Airways Group Inc. Chief Executive Officer Doug Parker, after three failed attempts at major mergers, is approaching a deal to combine with AMR Corp.’s American Airlines and form the world’s biggest carrier.
United Airlines parent UAL Corp. and Continental Airlines Inc. agreed to merge in a stock swap valued at more than $3.2 billion to create the world’s largest carrier, reviving a deal that fell apart two years ago.
JPMorgan Chase & Co . commercial- banking chief Todd Maclin and international operations head Heidi Miller , two of Chief Executive Officer Jamie Dimon ’s top executives, plan to step down from their posts as early as next year.
UAL Corp.’s United Airlines and Continental Airlines Inc. are studying a stock-for-stock merger with no premium, two people with knowledge of the talks said, in a deal that would create the world’s largest carrier.
Last month, Verizon Communications Inc. Chairman Ivan Seidenberg accused the federal government of “injecting uncertainty into the marketplace.” Last week, he was named to a presidential panel on U.S. exports.
UAL Corp.’s United Airlines and Continental Airlines Inc. are at odds over how to value their planned no-premium stock merger, with negotiations focused on what time period to use for the stock-swap ratio, said three people familiar with the situation.