Pursuits
US Airways Seeks Merger Redemption in AMR After Failures
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Doug Parker was snubbed three times as a merger partner in deal-making that produced the world’s biggest airlines. Taking over AMR Corp. may be his last chance to break into the top tier of U.S. carriers.
US Airways Group Inc.’s chief executive officer engineered the 2005 merger creating the company in its current form, ushering in a round of consolidation that reshaped the industry. With fewer competitors, the largest carriers have mostly stayed profitable even with higher fuel prices.