The article I found was published in the Washington Post on May 11, 2007. It talks about the fact that after the criticism on the delays on flights that happened in February, the CEO and founder was replaced. Dave J. Barger had to take over the position by decision of the board and the former CEO would continue to be chairman of the board. They also talk about the situation of the company and how they haven’t declared any profit since 2004, and also how the problems they faced in February became very prejudicial for the company. Although the Barger said it was only “passing the baton” many specialists think that the decision can be attributed to poor financial management. Other specialists at Morgan Stanley also include in this article some of the technical reasons of why the company has been suffering such inconvenient.
http://www.washingtonpost.com/wp-dyn/content/article/2007/05/10/AR200705...