American Airlines and US Airways Dance Around a Merger

It’s the ultimate cliché, but it is true: follow the money.

For the last several months,American Airlines’ new chairman and chief executive, Tom Horton, has been desperately trying to delay merger talks with his former cubicle mate, US Airways’ chief executive, Doug Parker. (Mr. Horton and Mr. Parker sat next to each other when they both worked at American in the 1980s.)

http://dealbook.nytimes.com/2012/07/09/american-and-us-airways-dance-around-a-merger/