Gerard Arpey
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AMR Corp. chairman and CEO Gerard Arpey yesterday told the company board of his decision to retire
He immediately was replaced by Thomas Horton, who also will continue to serve as president. Horton now will guide AMR through a bankruptcy restructuring following its voluntary Chapter 11 petition this morning.
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American Airlines parent AMR Corp. posted a $162 million loss for the third quarter
… last year. AMR cited 40 percent growth in fuel expenses and volatile foreign exchange rates as contributors, but CEO Gerard Arpey also called the carrier's cost structure "the key remaining foundational issue" precluding the airline from profitability …
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American Airlines by the end of September expects to transition more than 200 corporate deals to joint transatlantic agreements with British Airways and Iberia
, CFO Bella Goren said during the carrier's second-quarter earnings call. AA CEO Gerard Arpey added, "We're just now getting to the point where British Airways, American and Iberia are beginning to sell on a joint basis …
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AA: Aircraft Order 'Largest In History'
American Airlines ordered 460 new narrow-body aircraft from Airbus and Boeing, which CEO Gerard Arpey in a memo to employees called "the largest aircraft order in aviation history." American plans to deploy new Boeing 737 and …
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AA, Travelport Mobilize For Air Distribution War
… American is yet to be determined." Many also suspect that AA isn't only targeting Orbitz. For one thing, AA CEO Gerard Arpey in April 2009 shared now-infamous comments suggesting that intermediaries should "pay for access to our product rather …
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AA, Travelport Mobilize For Newest Air Distribution Battle
American Airlines and Travelport this week escalated a conflict that represents the latest flashpoint in airline distribution, a legal and commercial battle that highlights such key airline distribution components as full-content agreements, GDS economics, the sale of ancillary services and direct
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AMR Corp. for the third quarter reported its first profitable quarter, excluding special items, since the third quarter of 2007
American Airlines parent ," according to CEO Gerard Arpey . Inclusive of all one-time items, net income of $143 million was a $500 million improvement from the loss making quarter …
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American, BA Land Antitrust Immunity
… That move from competitive working to partnership is easily said, and relatively difficult to deliver." American CEO Gerard Arpey added, "While we've had a very impactful and great partnership with British Airways, we have been fighting a huge …
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2010 Business Travel Survey: Domestic Carriers' Discipline Bodes Well For Recovery
… struggled to find a healthy equilibrium between supply and demand here in the United States," American Airlines CEO Gerard Arpey said this month. "If we assume the current economic recovery has legs—and perhaps that's a brave assumption …
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Airline Execs: This Time Will Be Different
Amid the steady stream of positive air travel demand data, airline executives and industry observers no longer question whether a general recovery is underway. Instead, the pressing questions now center on how strong and fast the recovery will be and whether or not airlines will react differently
