US Airways, like most of its peers, is clearly in good shape, and investors are noticing: shares are up 121% this year, leading the industry. At the same time, US Airways remains an outlier. It is neither a global carrier with a vast international network, nor is it a low cost carrier.
On an earnings conference call Wednesday, US Airways executives said the company remains interested in a merger, but is also prepared to remain independent while expanding its international network.
"There is enormous shareholder value to be created simply by continuing to do what we're doing," said CEO Doug Parker. Regarding future consolidation, he said, "we are extremely well-positioned if indeed something more happens over time. If the four legacy carriers decide to consolidate to three, US Airways will be involved. Any of the three can do something with us. That's a good position for us and our shareholders."It remains unclear who would be US Airways' merger partner. Most speculation revolves around American (AMR), which has said it is
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