We’ve been watching with dismay the downward spiral of American Airlines.
This once-great carrier is hardly recognizable any more. It is perplexing to us how a management team that got its training under Robert Crandall and helped create such a great carrier could have gone so wrong.
It's a well written, point-by-point critique of American's strategic errors under Crandall's successors. And it closes with a vote of no confidence in CEO Tom Horton's leadership.
Horton is firm that American won’t merge while in Chapter 11 and it’s pretty clear he doesn’t want to merge at all.
We have no confidence in Horton at the helm, nor in American’s management. If American is to survive, they have to go.