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ATLANTA (AP) - US Airways has no intention right now to increase its $8.4 billion offer for Delta Air Lines and it can't see itself backing out of its pursuit of Delta for any reason, Chief Executive Doug Parker said Thursday.
In a wide-ranging telephone interview with Associated Press reporters, Parker said Tempe, Ariz.-based US Airways Group Inc. firmly believes that its offer for Atlanta-based Delta Air Lines Inc. provides more value than Delta's stand-alone plan.
"We believe our offer is more than fair and don't feel any need to amend it at this point," Parker said.
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