United Continental CE Oscar Munoz says his team is set

Oscar Munoz, 5 months after returning from medical leave to his post as CE of United Continental Holdings, said he now has the management team and board of directors to regain positive momentum for a carrier still struggling after its 2010 merger. Since returning to full-time work in March, Munoz has overseen an improvement in the carrier’s operating performance and forged better labour relations. Partly under pressure from 2 hedge funds that in the spring sought a shake-up in management, Munoz has been rebuilding his team and board. But margins at the airline still lag its biggest competitors, and it needs to regain customers who defected to rivals over the past few years. United also must shed its reputation for being a “docile” industry follower and become more innovative, Munoz said. <br/>