00:00It's Benzinga, bringing Wall Street to Main Street.
00:02American Airlines is reorganizing its senior leadership team as it works to close an operational
00:06gap with rivals and manage rising fuel costs, according to Benzinga. CEO Robert Isom said
00:13the changes are the first in a series of actions to better align the airline's commercial and
00:17operational units. Former Spirit Airlines Chief Operating Officer John Benderatus will lead
00:22technical operations, while other executives will take on expanded marketing, customer service,
00:26and reservations responsibilities. The changes come after Delta and United out-earned American by
00:31billions of dollars. American beat second quarter estimates with adjusted earnings of 15 cents per
00:36share on $16.735 billion in revenue. The airline later cut its full-year outlook as projected fuel
00:43costs increased by nearly $1.6 billion for the rest of 2026. For all things money, visit Benzinga.com.
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