American Airlines Group's Chief Commercial Officer, Vasu Raja, resigns in June after profit forecast downgrade and 6% Q2 revenue decline.
American Airlines Group's Chief Commercial Officer, Vasu Raja, is stepping down in June, following a downgrade in the company's profit guidance for the second quarter. This comes as the company adjusts its financial outlook, now predicting a revenue decline of up to 6% for Q2, more than double its previous estimate of up to 3%. Raja has been a driving force in the airline's strategy to decrease reliance on travel agency bookings, focusing instead on direct bookings.
May 28, 2024
8 Articles