The biggest news from our third quarter 2005 was the completion of the US Airways/America West merger, and obviously our third-quarter results do not yet include any of the expected positive effects from that merger.
"William Douglas Parker" is the current CEO of American Airlines Group, Inc., the parent company of American Airlines and US Airways.
Parker has been with the company since June 1995, when he joined as Senior Vice President and Chief Financial Officer of America West Airlines. He additionally held titles as Executive Vice President, corporate group, and Chief Operating Officer before being elected Chief Executive Officer and Chairman of America West in September 2001.
He continued as CEO of US Airways following the merger with America West Airlines in 2005 until 2013 when he was elected CEO of American Airlines Group, Inc. and its principal subsidiary company American Airlines. Under his tenure as CEO, he made an unsuccessful bid to merge US Airways with Delta Air Lines in 2007, and with United Airlines in 2010.
In 2007, Doug Parker plead guilty to his third DUI and was sentenced to 1 day in prison. After his conviction, shareholders questioned if the company should have disclosed Parker's two previous DUI arrests.More Doug Parker on Wikipedia.
We are here to celebrate the upcoming merger along with honoring the past of two great airlines. The merger is proceeding well and we anticipate closing the deal in late September or early October.
It's been one of the worst weeks for (Toronto) stocks since April.
The issue here is we haven't been operating a reliable airline. We have been working as hard as we possibly could to figure out what the issues were and to get them addressed.
He's still on the streets of New Orleans, hasn't had a shower since Monday.
The market's confidence in the new US Airways is extremely gratifying, and is evidenced by today's announcement and backed further by the recent sale of our former government-backed loans. While we have much work to do to successfully complete the integration of our two airlines, we are confident that we have taken the right steps to adequately fund a firm foundation for our new airline.
It's taken us some time to truly understand what is needed to do it.
The weakness has been largely concentrated in the technology sector.
Today we start a new chapter in aviation history.