Skip to main content

American Airliness New CEO Seeks to Top 1 Billion Goal in Merger

Submitted by webadmin on

Doug Parker, poised to lead the new American Airlines Group Inc., wants to beat a $1 billion goal for added revenue and savings in the AMR Corp.-US Airways Group Inc. (LCC) merger and is about to start meshing frequent-flier plans, Bloomberg News reported today. Parker will take the helm of a carrier that will sit atop the global industry by traffic after the $17.8 billion all-stock deal. He will have to knit together two networks to challenge United Continental Holdings Inc. and Delta Air Lines Inc., which now rank first and second in the world. The merger is set to close Dec. 9.