Remaining a stand alone carrier has "worked out very well for us," says US Airways CEO Doug Parker. Wall Street seems to agree, as US Airways' stock has surged 79% this year, far outpacing its rivals. Parker surmises the failed merger talks with United Airlines may have created the impression that US Airways needed to merge in order to survive -- something that was never true, he says. For now, the smallest of major network airlines is happy to pursue its business plan independently, though Parker won't rule out a merger deal in the future.

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