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Wed, Nov 28, 2007

Reid Out As Virgin America CEO; Former AA Exec In

C. David Cush Will Oversee Low-Cost Carrier

It will be something of a homecoming for C. David Cush, when he takes the reins next month as CEO of Virgin America. The former Senior Vice President of Global Sales for American Airlines will be reunited with former AMR CEO Don Carty.

The airline announced Tuesday Cush will replace outgoing CEO Fred Reid. As ANN reported, Reid's removal as CEO of Virgin was among the terms of the airline's certification by the Department of Transportation, due to what DOT viewed as Reid's too-chummy relationship with Virgin magnate Sir Richard Branson.

The Fort Worth Star-Telegram reports Cush handed in his walking papers at American on Monday.

"We are pleased to announce David as Virgin America's new CEO," said Carty, Chairman of Virgin America's Board of Directors. "David's extensive industry experience, business acumen and creativity are the perfect attributes for leading the company as it continues to grow from a promising start-up to a major carrier."

Carty praised Reid's contribution toward launching Virgin America. "Fred's experience and unique vision have shaped this airline's success from day one and he will be missed," Carty said. "Both Fred and I have worked with David during our careers and we are confident he is the right person to lead Virgin America going forward."

"I could not be more pleased about the selection of David as the new CEO of Virgin America," said Reid. "David brings broad business experience, great energy and high enthusiasm that will take Virgin America to the next level. Our creative, passionate and dedicated teammates will continue to be the backbone of Virgin America and I am confident that David will serve them well."

In his role at American, Cush was responsible for all sales and distribution activities worldwide. He also has significant operating experience, having held the position as Vice President of American's St. Louis hub, where he was responsible for airport operations for more than 200 daily departures and over 7,000 employees. Prior to that, he was Vice President of International Planning and Global Alliances at the carrier.

Over the course of his career, Cush has held key leadership roles overseeing all aspects of the airline business including finance, sales and marketing, customer service and operations. In addition to 20 years with American, Cush served as Chief Operating Officer of Aerolineas Argentinas, the national carrier of Argentina.

FMI: www.virginamerica.com

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