Hints and tips:
...That first CEO, Gerard Arpey, is like a guy who just basically won’t declare bankruptcy. American is the last airline to go bankrupt. He says “I will not renege on my commitments”....
...Gerard Arpey, AMR’s long-serving chief executive, is also to retire, the company said. The filing ends of months of speculation about the future of the third-largest US carrier....
...“The time he has spent outside the company has given him a unique perspective to draw upon as he leads the company,” Gerard Arpey, the outgoing chief executive, said in a letter to employees....
...When Gerard Arpey joined American Airlines in the 1980s as a financial analyst, his arrival coincided with an aircraft-buying spree that would turn the carrier into one of the world’s largest....
...“While the third quarter was challenging for American Airlines we are taking aggressive actions to improve the Company’s performance and strengthen its foundation for long-term success,” Gerard Arpey, chief...
...At the same time, the carrier said that Gerard Arpey, its long serving chief executive, would retire and would hand over the reigns to Tom Horton, the current president of American Airlines and AMR Corp,...
...“We are not out of the woods yet,” Gerard Arpey, the then newly appointed chief executive told his staff....
...Flanked by top executives of Boeing and Airbus, a beaming Gerard Arpey, chief executive of American Airlines, trumpeted the landmark purchase agreements as a “watershed for our company and for the airline...
...Gerard Arpey, chief executive of American, said the company was making progress....
...“This puts us back on a level playing field with the other two major alliances,” said Mr Walsh, who launched the venture in London with his counterpart at American Airlines, Gerard Arpey, and Iberia’s Antonio...
...In a letter to staff discussing the results, Gerard Arpey, chairman and chief executive of American’s parent company AMR, struck a sombre tone....
...“While there are signs of a recovery of demand, the last thing we can afford to do is get ahead of ourselves with supply,” Gerard Arpey, chief executive of American Airlines parent AMR, told analysts....
...As recently as Wednesday Gerard Arpey, head of American Airlines, said he was not interested in “consolidation for consolidation’s sake” and that it was concentrating on rejigging its domestic hubs and developing...
...“The fuel crisis of 2008 was replaced by the worst recession in decades, which hurt travel demand severely, and tight capital markets,” said Gerard Arpey, AMR chairman and chief executive....
...In comments obtained by the Financial Times, Gerard Arpey, American’s chief, told managers that Delta’s extensive presence at Narita Airport, Tokyo, would make any co-operation with JAL a difficult sell...
...The BA-American-Iberia alliance is being strongly opposed by Virgin Atlantic, which on Thursday weighed in on comments from Gerard Arpey, American chief, that Delta Airlines’ attempt to forge a similar deal...
...Gerard Arpey, AMR chief executive, said on Wednesday revenues were down sharply from a year ago as a result of continuing weakness in the global economy....
...“We are seeing some liberalisation in the capital markets,” Gerard Arpey said on Wednesday. “Last year no one would answer the phone. Now we’re getting some interest coming to us.”...
...“We are not sugar-coating the magnitude of what we, along with every other airline, are up against today in this economic climate,” Gerard Arpey, American’s chief executive, said on Thursday....
...Gerard Arpey, AMR chairman and chief executive, said: “While lower fuel prices have provided a significant buffer against falling demand in 2009, the struggling economy and capital markets remain significant...
...The airlines’ top executives, including BA’s Willie Walsh and American’s Gerard Arpey, were scheduled to meet with Mary Peters, US Transportation secretary, within the next week to seek her advice and feedback...
...Gerard Arpey, American’s chief executive, warned the rest of the industry to take similar actions or risk repeating the downward spiral into bankruptcy that claimed carriers in previous downturns....
...Arpey, chief executive, said Wednesday in a statement....
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