US Airways CEO predicts industry downturn

02/29/2008 | Washington Post, The · Wall Street Journal, The · MarketWatch

US Airways CEO Doug Parker on Thursday said he expects soaring oil prices and a weaker economy to lead to a downturn. Parker also noted that any possible mergers must rationalize capacity, and he said a plan by Delta Air Lines and Northwest Airlines to merge puts too much pressure on the carriers' pilots.

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Washington Post, The · Wall Street Journal, The · MarketWatch

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