US Airways bid to takeover Delta is not so hostile after all:
US Airways will walk away from its efforts to takeover Delta Air Lines if it can’t convince management that the deal has merit, according to a report Wednesday in USA Today.
US Airways CEO Doug Parker told the newspaper that: “We have to get to a point where we are all working together on this, or its not going to happen.”
Meanwhile, Delta’s pilots remain opposed to the possible takover:
In an attempt to bring attention to what could become Atlanta’s fate, Delta Air Lines pilots are taking their opposition to a US Airways takeover to the latter’s abandoned former headquarters in Arlington, Va.
Capt. Lee Moak, chairman of the union representing Delta pilots, is scheduled to hold a press conference near the former US Airways headquarters building vacated a year ago after the airline was purchased in bankruptcy court by America West. American West, now flying under the US Airways banner, remains headquartered in Tempe, Ariz.