Deals
United Airlines' New Chief Munoz Pulled From Railroad CEO Track
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United Airlines’ new chief executive officer spent the last dozen years helping run a railroad that hauls coal, grain and autos around the U.S. Moving people around the world on airplanes can be a lot tougher.
Oscar Munoz, the president of CSX Corp., was named CEO of the world’s second-largest airline after the surprise ouster of Jeff Smisek. He takes over a carrier struggling with tardy flights, poor labor relations and frustrated investors -- a legacy stemming in part from the 2010 merger that has left United eclipsed by American Airlines Group Inc. and Delta Air Lines Inc. in benefiting from the industry’s consolidation.