CHICAGO: American Airlines has ousted its chief executive Don Carty after employees rebelled over his failure to disclose executive bonuses and pensions, but sources said the world’s largest airline may still file for bankruptcy within days.
In a stunning move that followed sharp criticism of Carty’s silence about executive perks while workers were accepting deep wage cuts, AMR Corp, the parent company of American Airlines, said it was replacing him with current president and chief operating officer Gerard Arpey.