- Only
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- Nov 07, 2020
Gerard Arpey Quotes
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- Last Updated on May 30, 2021
- Getting Started
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- Nov 07, 2020
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.
- Fare
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- Nov 07, 2020
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.
- Family
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- Nov 07, 2020
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.
- Going
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- Nov 07, 2020
Markets that don't work we're going to step away from.
- Financial
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- Nov 07, 2020
We have, unlike many of our competitors, continued to meet our various financial obligations.
- Future
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- Nov 07, 2020
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.
- Appointments
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- Nov 07, 2020
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.
- Opportunity
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- Nov 07, 2020
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.
- Hard Work
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- Nov 07, 2020
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.
- Economics
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- Nov 07, 2020
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.
- Most
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- Nov 07, 2020
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.
- Business
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- Nov 07, 2020
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.
- Great Progress
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- Nov 07, 2020
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.
- Great
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- Nov 07, 2020