KBTX - HomePage - Headlines

In Path to American's Merger, 1 CEO Had to Leave

By: Associated Press Email
Updated: Mon 10:40 AM, Feb 18, 2013

The 14-month battle for control of American Airlines came down to two men who got their start there.

When the airline filed for bankruptcy in November 2011, Tom Horton was simultaneously elevated to CEO. But from the minute he reached the top, a number of forces started converging against him. The airline's unions didn't trust him. Those owed money by American questioned his plans.

The strongest opposition, however, soon came from his old friend Doug Parker. The two had worked side-by-side as financial analysts at American's Fort Worth, Texas, headquarters in the 1980s, until Parker moved on to other airlines, eventually becoming CEO of rival US Airways.

But there was never going to be room for both at the top of American.


We ask that the following Community Standards be followed:
  • Comments must not be profane or vulgar.
  • Comments must not use hate speech, racial slurs, or violent descriptions.
  • We encourage varying views to be shared. We do ask commenters to not personally attack other readers, groups, people featured in our stories, or other posters for disagreeing with their views.
  • Comments must not contain negative, comparative debates between community standards of cities or towns.
  • Comments must contribute to the discussion, flaming and/or trolling will not be tolerated.
  • Comments must be truthful and not intentionally falsified. Providing a source link is encouraged.

If you find that a comment violates the above rules, please use the flagging option located to the right of the comment to notify the moderators.
For a complete list of guidelines, please follow this link:
http://www.kbtx.com/home/misc/Online-Commenting-Policy-181579421.html
powered by Disqus

Highlights

Most Discussed

powered by Disqus

JobSearch Recent Listings

The following list shows the 5 most recent jobs posted on JobSearch on KBTX.com

AP Video

Reason to Smile

Click here to view more pictures!
Click Here to Submit Your Pictures

Upload your photo, with a caption of your reason to smile, then watch the last half hour of BVTM from 6:30A - 7A Monday mornings to see if your photo makes it.

KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 191682061