Isom to be American Airlines CEO, Parker to retire in March

The airline more than doubled its cargo revenue to $973 million for the first nine months of 2021 from $484 million in the corresponding period of 2020.

Isom to be American Airlines CEO, Parker to retire in March
X

Doug Parker will retire as chief executive officer of American Airlines on March 31, 2022.

Robert Isom, currently president of American, will succeed Parker, according to this statement from American Airlines.

Isom will join the airline’s board of directors while Parker will continue to serve as chairman of American’s board.

American Airlines is firmly on its way to cross $1 billion cargo revenue for 2021 on high yields and strong demand.

The airline more than doubled its cargo revenue to $973 million for the first nine months of 2021 from $484 million in the corresponding period of 2020.

“I have worked with Robert for two decades and I am incredibly pleased that he will be the next CEO of American Airlines,” Parker said. “Robert is a collaborative leader with deep operational expertise and global industry experience. His efforts to guide and support our team throughout the pandemic have been nothing short of phenomenal. We are well-positioned to take full advantage of our industry’s recovery, and now is the right time for a handoff we have planned and prepared for. I feel extremely fortunate to hand the reins to this clear and capable leader.”

Isom added: “I am humbled to serve as CEO of American Airlines. Over the past several years, our airline and our industry have gone through a period of transformative change. And with change comes opportunity. Today, our more than 130,000 dedicated team members fly more people than any other U.S. airline on the youngest fleet of all the network carriers, and we are positioned to continue to lead the industry as travel rebounds.”

Next Story
Share it