American and US Airways name merger transition leaders

New York
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American Airlines and US Airways have named Bev Goulet and Scott Kirby as their respective merger transition planning leaders, as the airlines work towards a third quarter close.

Goulet is chief restructuring officer at American and Kirby is president of US Airways. Both worked on the merger analysis prior to the deal being reached on 13 February, including developing and refining the revenue and cost benefit analyses associated with the merger.

Goulet and Kirby will develop joint plans for integrating the two airlines once the deal closes, according to a letter to employees today. They will also sit on a transition committee chaired by Doug Parker, chairman and chief executive of US Airways, and Tom Horton, chairman and chief executive of American.

The airlines intend to hire a merger project management firm to advise on the integration, according to the letter.

American and US Airways announced their plan to merge on 14 February. The $11 billion all stock deal will result in the largest airline in the USA with about $40 billion in annual revenues and 170 million annual passengers.