- Joined
- Jun 14, 2008
- Messages
- 277
- Reaction score
- 27
During Bob Crandall’s long tenure as CEO of American Airlines, the airline was truly an innovator—so much so that employees at AA had a certain swagger about them. They knew they were the best and brightest of the industry. It was on Crandall’s watch that American created one of the first frequent flyer programs in the industry, developed the most sophisticated reservation system of its time, and pioneered the concept of “yield managementâ€â€”using sophisticated algorithms to constantly reprice fares to maximize the revenue for each flight. Labor relations was another matter, but Crandall knew—and knows—his business.
http://www.businessweek.com/lifestyle/trav...randall_ho.html
You're quite right. Crandall also was the first to lighten the load by taking a few olives off of the salads served on AA aircraft. Crandall and Kelleher are true innovators. So far I don't see that in DP.