Who’s Getting Ready to Skip Town?
Hometown airline?
Read these articles and do the math:
1. Bizjournal
US Airways Group Inc. CEO Doug Parker, President J. Scott Kirby and other senior executives entered into new compensation agreements with the airline to provide benefits in the event of a takeover or a merger that involved more than 50 percent of the voting power of the company. [...] US Airways is the busiest carrier at Pittsburgh International Airport.2. Reuters
WASHINGTON, Nov 29 (Reuters) – US Airways Group Inc (LCC.N: Quote, Profile, Research) Chief Executive Doug Parker has received a three-year contract extension through 2011 with no change to his salary, the airline said on Thursday. [...] US Airways shares lost 91 cents, or 4.3 percent, on Thursday to close at $20.06 on the New York exchange. The company’s shares have tumbled more than 60 percent so far this this year.
Is Mr. Parker (who resides in elite Paradise Valley) expecting something to happen in the next three years or less? And has anyone asked whether US Air is actually going to be a tenant (letter of intent or lease) in the new “Tempe Gateway” building at 3rd and Mill?
Who’s getting ready to shake the dust of Tempe from their boots? Not me….
