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
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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.
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We wish James every success in his new position. Our focus now will be to select a leader who will help us build on the great progress we've made.
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But the St. Louis experience, perhaps better than anything else, illustrates just how much our industry has changed during the past three years.
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I would be disingenuous if I said I wasn't concerned, ... I think the capacity additions I've read about may not necessarily prove profitable for those that are entering those markets.
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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.
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maybe the odds are less than 50-50 after yesterday.
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Congresswoman Johnson recognizes the economic impact that D/FW Airport has in the North Texas region and the hundreds of thousands of jobs that are associated with it, ... The employees of American Airlines and American Eagle applaud and support her actions.
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Even with strong demand for air travel, we have been able to pass only a very small portion of that increase on to our customers.
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The best free market laboratory I know of is DFW, where we slug it out with a long list of carriers, in dozens of markets, every day. In contrast, Southwest wants to have its cake and eat it too,
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All of us are thrilled to welcome Tom Horton back to the leadership team. His broad knowledge of the challenging airline industry and keen understanding of the financial markets will be enormous assets to AMR as we continue the vital work of restoring the company to sustained profitability in a global aviation marketplace.
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absolute disaster ... I'm hopeful that it will represent the low point.
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This is eating up time, money and energy we would like to devote to running our business,
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a downtown monopoly that would be a windfall for them and certain damage to American Airlines, North Texas and many smaller communities around the country.
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I will continue to lead by example. Actions, of course, speak louder than words.