Reported 4 months ago
American Airlines announced that Chief Commercial Officer Vasu Raja will be leaving the company next month as they cut their financial outlook, with Vice Chair and Chief Strategy Officer Stephen Johnson taking over the role immediately. Raja, who joined the airline in 2004 and served in various roles, oversaw American's customer organization, global network, alliances, partnerships, revenue management, and loyalty program. Despite strengths like fast-growing airport hubs and a young fleet, American has been lagging behind rivals in profitability, with their recent financial performance prompting a downgrade in second-quarter earnings expectations and a more pessimistic revenue outlook.
Source: YAHOO