Overview

• Chief Commercial Officer Vasu Raja will leave the company in June amid strategic changes.
• American Airlines lowers its second-quarter profit outlook, expecting earnings per share between $1.00 and $1.15.
• The company's stock dropped over 13% following the revised earnings forecast and strategic shifts.
• Changes in ticket sales strategy, including promotion of direct bookings, contributed to weaker-than-expected performance.
• American Airlines aims to adjust its approach to regain customer trust and improve market competitiveness.