United, US Airways fly closer to mega-merger, sources say Posted on May 12th
United Airlines is closing in on a merger with US Airways, sources say, after being spurned by Continental Airlines and Delta Air Lines.
The combined carrier would be headquartered in Chicago, United’s base and home to its largest airport hub, said a person familiar with the negotiations.
But United executives aren’t expected to run the carrier, which would be the nation’s second largest, slightly smaller than the proposed Delta-Northwest Airlines tie-up announced last month. Top duties are likely to be assumed by US Airways Chief Executive Doug Parker and its president, Scott Kirby, said people close to the Phoenix-based carrier.
Others caution that the management team’s makeup and a host of other issues have yet to be sorted out and that an announcement isn’t imminent.
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