American Airways CEO Doug Parker to retire, president Robert Isom to take reins March 31

Doug Parker, CEO of American Airways

Adam Jeffery | CNBC

American Airways CEO Doug Parker is stepping down and will probably be changed by the provider’s president, Robert Isom, on March 31, the provider introduced Tuesday.

Parker is the second main airline CEO this 12 months to announce his retirement, marking a altering of the guard amongst U.S. provider. Southwest Airways CEO Gary Kelly will step down in February, handing the reins to a different long-time government, Bob Jordan, in February.

Parker will proceed as chairman of American’s board.

Parker first grew to become CEO of America West shortly earlier than earlier than the Sept. 11, 2001 assaults and later oversaw two mergers – with US Airways and American Airways, the tail-end of a wave of consolidation amongst U.S. carriers.

That is breaking information. Examine again for updates.

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