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Today British Airways announced Robert Ayling has resigned as chief executive; chairman Colin Marshall will take over as chief executive while the airline searches for a successor.

Check out Brian Graney's (TMF Panic) article; Tough Times at British Air? Get Used to It in today's news.

After running into some old-fashioned, competitive business turbulence in the past year, British Airways (NYSE: BAB) jettisoned its CEO Robert Ayling this morning as the company tries to reorient itself for the realities of a new competitive environment.

To access Brian's article, click on:

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