US Airways CEO Doug “Dear Jerry: I’m Taking Your Airline” Parker was arrested on suspicion of drunk driving charges after being pulled over for driving 65 mph in a 45 mph zone just hours after pulling his company’s hostile bid to acquire Delta Airlines.

“I will accept the consequences of my actions, and I will ensure that it doesn’t happen again,” Parker said in a statement. “In this instance, my actions have not reflected well on US Airways and for that, I apologize.”

Doug seems sort of erratic. —MEGHANN MARCO

US Airways CEO arrested on drunk driving suspicion [Reuters]

PREVIOUSLY: US Airways to Delta: Im in UR airport flyin UR planez

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.