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
care needs brilliant
We need to take excellent care of our customers, and do so at a profit.
financial obligation competitors
We have, unlike many of our competitors, continued to meet our various financial obligations.
years aggravation decision
However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
team moving long
The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team.
thinking flying popularity
But I don't think the popularity of flying has diminished a bit.
thinking cost lows
I think in just about any business the low cost competitor is always going to have an advantage.
three funny-travel century
At American Airlines, we have built a business around the love of travel that has lasted three quarters of a century. And I'm pretty sure we're just getting started.
grateful loss missing
This airline is grateful for his extensive contributions and we will miss his friendship and support. We extend our deepest sympathies to the Casey family on its personal loss.
jobs mean great-job
Second, we have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But again, those advantages won't mean much if we don't do a great job with the basics of our business.
commend company contracts cut enormous involve move recognize sacrifices step taking woods work
I commend you in taking this step to move the company forward, ... 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.