AMERICAN AIRLINES is to undergo a sweeping management overhaul, designed to eliminate 900 jobs and reduce spending by $93 million. As part of the shake-up, Robert Crandall, chairman, chief executive and president of both parent AMR and American, is relinquishing some of his duties to Donald Carty.
Donald Carty, who is now executive vice-president and chief financial officer of AMR, becomes president of the airline and is viewed as Crandall's heir, apparent.
Source: Flight International