At today's PHX Pilot Crew News session Doug Parker indicated consolidation is the right thing for the industry, there are too many hubs, and US Airways would be better off with consolidation. Parker believes there are too many industry seats and too much industry fragmentation. He indicated Delta and Northwest’s merger is good for US Airways because it removes capacity from the industry.
Parker does not believe US Airways has to participate in consolidation but he does think participating is better than not participating. The only consolidation that makes sense is with the big 5 legacy carriers and all other mergers are “working around the margins.â€
Parker indicated US Airways will be aggressive trying to make a merger happen, but there is nothing near-term on the merger front and there is no merger capital available in today’s environment.
Regards,
USA320Pilot