American Airlines will Probably Survive as we Predicted!

Former Continental Airlines CEO Gordon Bethune on CNBC this morning there is a likelihood of a merger push involving Tempe-based US Airways Groupand American Airlines!

Bethune, who serves on some major corporate boards, said US Airways CEO Doug Barker made merger runs at Delta Air Lines and United Airlines so it would be no surprise if some efforts were undertaken to merge with Dallas-based American.

US Airways (NYSE: LCC) is based in Tempe with hubs in Phoenix, Charlotte and Philadelphia.