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
airline assets aviation broad company continue enormous financial global industry keen knowledge leadership markets restoring sustained thrilled tom understanding vital welcome work
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.
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.
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.
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.
best cake dozens eat free laboratory list market slug wants
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,
build focus great help james leader progress select success wish
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.
certain damage downtown monopoly north smaller texas
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.
devote eating energy money running
This is eating up time, money and energy we would like to devote to running our business,
capacity entering profitable prove
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.
american-businessman connecting course difficult gone 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 changed industry louis past perhaps three
But the St. Louis experience, perhaps better than anything else, illustrates just how much our industry has changed during the past three years.
less maybe odds
maybe the odds are less than 50-50 after yesterday.
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absolute disaster ... I'm hopeful that it will represent the low point.