Gerard Arpey
Gerard Arpey
Gerard J. Arpeyis the former Chairman, President, and Chief Executive Officerof AMR Corporation, parent company to American Airlines...
NationalityAmerican
ProfessionBusinessman
Date of Birth26 July 1958
CountryUnited States of America
addition american-businessman continued efficient hard hub louis profitable time work
We continued the hard work of integrating TWA, because at that time we still thought an efficient connecting hub in St. Louis could be a profitable addition to our network.
american-businessman work
Markets that don't work we're going to step away from.
believe corporate either good level personal simply
It is not good thinking - either at the corporate level or at the personal level - to believe you can simply walk away from your circumstances.
above activities american-businessman attributes bring costs guy hopefully increase industry lowest sure
That doesn't mean you have to have the lowest costs in the industry to succeed. But you need to make sure the activities and product attributes that increase your costs above the other guy bring in at least that much more in revenue, and hopefully more.
american-businessman among build golden means planes reflected reporting results
Our planes should be full, which among other things means we have a golden opportunity... to build on the momentum reflected in the financial results we are reporting today.
course hub longer louis needed
One of our most difficult realizations was that - in the course of two years - a connecting hub in St. Louis had gone from something we thought we needed to something we could no longer afford.
american-businessman costs cover fare fuel increase increased nearly per raise time
Just to cover the increase in fuel costs over the past two years, American would have had to raise fares nearly $75 per round-trip ticket. During this time period, our average fare increased by only $15.
add american-businessman believe business careful continue demands despite hoping improve louis painful public traveling
Despite the painful changes we have had to make, we continue to believe in the St. Louis market. And we are hoping to add flights, in a careful way, as the economics of our business improve and the demands of the traveling public in St. Louis become clear.
adding american-businessman capacity definitely louis major markets playing provide travelers visit
But I definitely see us playing a major role in St. Louis in the years to come. We already provide service to 95 percent of the markets St. Louis travelers visit the most. And we're adding capacity in some of the most important markets.
american-businessman costs earn fly investing pay philosophy points premium product provide revenue smart
Our Fly Smart philosophy is about investing only on those points of differentiation that pay for themselves, that earn a revenue premium commensurate with what it costs us to provide that product or service.
airlines american-businessman costs great levels lower markets prevent pushing
First, we have to lower our costs to levels that are more competitive. This will prevent the lower-cost airlines from pushing us out of the markets we want to serve. We've made great progress on this front, but we need to keep pushing.
airline american-businessman announcing challenge change continue position stronger turnaround
These are times of unprecedented challenge and change in the airline industry, and the appointments we are announcing today will put American in an even stronger position to continue the substantial progress that has already been made under the tenets of our Turnaround Plan.
american-businessman contracts cut enormous involve recognize sacrifices woods work
I recognize these new contracts involve enormous sacrifices by our employees. We have our work cut out for us; we are not out of the woods yet.
built days early guided management skilled team
He assembled a management team who, under his skilled leadership, guided American through the early days of deregulation and built it into one of the world's preeminent airlines,