US Airways puts case for Delta merger

1st Dec 2006

US Airways Group has made a presentation concerning its proposed combination of US Airways and Delta Air Lines to representatives of the Delta creditors’ committee, which represents Delta claimholders, and members of Delta’s management team.Doug Parker, US Airways’ Chairman and CEO said, “We were pleased to have made a presentation to both Delta and its creditors about what we believe are the compelling and unique benefits of our plan. We reviewed our offer and had a chance to engage in discussions on the many facets of this proposal. While we recognize the steps that Delta management has taken, we are confident that our proposal for a ‘New’ Delta will create more value than a stand-alone plan.”


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