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US Airways' CEO: Merger Saved Jobs

Stock quotes in this article: LCC , DAL , UAUA , NWA , WB , WFC  

CHARLOTTE, N.C. -- Three years after the merger between US Airways(LCC Quote) and America West, it seems clear the deal was an overall success.

Still, the inability to reach an agreement on pilot seniority stands out as a glaring shortcoming.

Without a merger, "neither the standalone US Airways nor the standalone America West could have managed through," said CEO Doug Parker, in a recent interview. "Both these airlines would be nonexistent had they not merged. But merged, we saved 35,000 jobs." ...

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