To see a lot of complementary routes but youre not going to see very many where the two of them fly on the same route. If you put these two airlines on a map youre going Overlapping routes are bad, and connecting routes are good. Daniel Friedenzohn, Assistant Professor of Aeronautical Science Embry-Riddle Aeronautical University (Feb. If it does, there will be enough low-cost carriers looking for opportunities to grow. None of us should expect this latest mergerĪnnouncement to result in airfares rising to unacceptable levels. The airline industry is evolving and perhaps the pieces are in finally in place for it to experience a period of financial stability. IPod contains show tunes and classic rock, with some classical music If she had to pick a favorite place to travel, it might be Paris Lived in Panama and Venezuela growing up, so working in the travel industry is a natural West Airlines in 1995 Worked at the Pentagon before joining the airline industryĬurrent Chief Restructuring Officer of Americanġ993 Led American Airlines bankruptcy, one of the fastest and most successful airline restructuring in history Worked for American Airlines Decision Technologies (AADT), a subsidiary of AMR, before joining America Kilimanjaro in Tanzania, Africa with his brother in 2011 Rock climbing and hiking in Arizona are among his Ĭurrent President of US Airways Has worked at US Airways since 1995 Was team leader of US Airways during its merger analysis and negotiationsĬlimbed Mt.
COMBRO CB 625 MK4 UPDATE
We will continue to update you as transition planning work continues. Scott and Bev, along with a team of senior leaders from both airlines, will be in charge of ensuring that we have the mostĮffective integration processes to combine the best of both companies and that were ready to implement them soon after the merger closes. Earlier this week, we kicked off the transition-planning process by announcing the two leads of our joint integration team: US President Scott Kirby and AA Chief Restructuring Officer Bev Goulet. The successful integration of American Airlines and US Airways is a key step Senate Judiciary Committee Subcommittee on Antitrust, Competition Policy and Consumer Rights. Scheduled to make a joint appearance before the U.S. The new American will have the financial strength to invest the resources needed to improve the customer experience, including new aircraft, cuttingĮdge products and services, and the technology and tools designed to help our employees deliver superior service to our customers. - Gary Kennedy Healthy global network carriers from which to choose, as well as a number of low cost carriers. US Airways flight attendants following the hearing on Tuesday. Gary Kennedy (far left) and Steve Johnson with Ĭombined company will also provide very significant benefits to our employees including better pay and benefits and a path to compensation that is equal to that of their counterparts at Delta and United more jobs and greatly improved job security Īnd better opportunities for advancement. - Steve Johnson That this merger is the best path forward for all our employees. The labor unions of both companies share our belief US Airways and American Airlines pilot and flight attendant unions, who were there to show their support for the merger. Steves and Garys testimony was also attended by representatives of Important benefits of our planned combination. The two legal experts testified before the House Subcommittee on Regulatory Reform, Commercial and Antitrust Law Tuesday about the many Helping to guide the companies through this process are US Executive Vice President, Corporate and GovernmentĪffairs, Steve Johnson and AA Senior Vice President, General Counsel and Chief Compliance Officer Gary Kennedy. The regulatory process is a standard component of any merger, and we continue to look forward to closing the transaction in the third quarter of this year. Now turning their attention to the next milestone in this process: Regulatory approval. With the merger announcement under our belt, the US Airways and American Airlines management teams are Note: The following newsletter was posted to AMR Corporations intranet on March 20, 2013. Under the Securities Exchange Act of 1934
Pursuant to Rule 425 Under the Securities Act of 1933
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