No airline has been fighting through more turbulence than American Airlines: in the past two years it has been buffeted by two scandals (involving alleged kickbacks from the airline's magazine printers and illegal campaign contributions), a pilot slowdown, the fuel shortage and a financial downdraft that last year brought it a record loss of $48 million. Searching for a new president to steady the controls, chairman C.R. Smith reached completely outside the airline industry and picked a newspaper executive Albert V. Casey, 54, president of the Times Mirror Co. of Los...
To continue reading:
or
Log-In
