WASHINGTON - The CEO of US Airways says his airline will turn a profit during this quarter and has no plans to look for a merger partner right now.
United Airlines and Continental Airlines are seeking government approval to combine into what would be the world's largest carrier. That has prompted talk that US Airways and American Airlines may want to combine, too.
US Airways is the largest operator at Philadelphia International Airport.
At the US Airways Group Inc. annual meeting in Washington on Thursday, a shareholder asked chairman and CEO Doug Parker whether he's looking for a merger partner. He said no. He added that he's extremely happy with the airline's stand-alone performance.
Shareholders rejected a proposal to implement cumulative voting. The company says the proposal got about 24 percent of the vote.