American Airlines CEO Says His Resistance to a Merger Was a 'Poker Game'

Doug Parker, left, Chairman and CEO of US Airways, and Thomas Horton, Chairman, President and CEO of American Airlines Photograph by Donna McWilliam/Getty Images

As the deal to create the world’s newest biggest airline moves toward completion, the departing chief executive of American Airlines today offered a slightly revised version of the merger’s history. It’s not that American never wanted to wed US Airways Group, Thomas Horton said in a speech to the Wings Club in New York. His airline was simply engaged in “a poker game” with a suitor that was offering the airline and its creditors a lousy deal for nearly a year.

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