Glenn Tilton News
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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.
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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.
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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.
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United Airlines hired consulting firm Bain & Co. to help plan its integration with Continental Airlines Inc., United Chief Executive Officer Glenn Tilton said.
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The phone call that would result in a merger creating the world’s largest airline came on UAL Corp. Chief Executive Officer Glenn Tilton ’s 62nd birthday.
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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.
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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.
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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.
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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.
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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.
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