Doug Parker, CEO of Tempe-based US Airways, hasn’t been shy in expressing his intent to merge his company with bankrupt American Airlines. This week, however, American’s CEO Tom Horton came out and said that the merger was actually his idea and that it may no longer be on the horizon, The Associated Press reports.
In November, American’s parent company, AMR, filed for Chapter 11 bankruptcy. Ever since the filing, rumors of a possible merger with US Airways have been in the air. After Horton’s recent statements, however, the chances of a merger seem slim.