Our panelists tell three stories about someone ignoring all the warning signs while reaching for the stars, one of which is true.
US Airways could move to Texas if merger goes through
US Airways CEO Doug Parker confirmed to a National Press Club audience Wednesday that if his airline merges with American Airlines, the Valley would lose its only airline headquarters.
Parker said the merged company would keep American's name and be headquartered in Texas.
"If indeed there was a merge, the headquarters would remain where they are, in the metroplex of Fort Worth. We are well aware of the fact that of the two airlines the stronger brand is the American brand," Parker said.
Parker said US Airways has done a lot of work on the regulatory aspects of the possible merger, and he sees no anti-trust issues.