Gerard Arpey
Latest Gerard Arpey News
-
American Airlines: Timeline of Troublescosts. The airline said at the time that the filing will not disrupt flight schedules. The airline's then-CEO, Gerard Arpey , retires the same day. Tom Horton is named chairman and CEO. January 23, 2012: Turbulence on an American Airlines
-
Top 10 Business Blunders of 2011carriers, American did not merge with a competitor, and it was the only major airline to lose money last year. CEO Gerard Arpey stepped down and was replaced by Thomas Horton, formerly the company's president, to run the nation's third-largest
-
American Airlines Plunges Into Bankruptcy
to emerge from bankruptcy financially stronger than it is today The nation’s third largest airline also says CEO Gerard Arpey will step down. He’s being replaced by Thomas Horton, currently the company’s president. Flight operations may
-
Airfares rise along with oil costs
is the escalating cost of oil. "The most worrisome threat we see on the horizon right now is the price of fuel," Gerard Arpey , CEO of American Airlines, said in a letter to employees Wednesday. He said American expected fuel costs to rise
-
American Airlines parent AMR posts Q2 loss
year ago, yet the airline industry would be in worse shape, not many people would have believed it," American CEO Gerard Arpey wrote in a letter to employees. During the recession, millions of travelers — particularly the high-fare-paying business
-
Think flight times are being padded? They are
London and Paris. The problems often aren't with the flight times, they're with the block times. That's why Gerard Arpey , CEO of American Airlines, recently told shareholders his carrier was making "strategic adjustments" in an effort to
News
-
Airlines say they can't afford another huge oil price jump
on the world market — don't support prices as high as $62 a barrel, a six-month high. But both American's Gerard Arpey and Southwest's Gary Kelly conceded that energy prices right now aren't being driven by market fundamentals
-
American Airlines loses less than expected: $375M
bought by business travelers. AMR's stock closed Wednesday at $5.01 a share, up 79 cents, or nearly 19%. CEO Gerard Arpey said the airline's outlook depended on "whether you're a glass half-full or half-empty guy. The fact that
-
American Airlines loses less than expected: $375M
bought by business travelers. AMR's stock closed Wednesday at $5.01 a share, up 79 cents, or nearly 19%. CEO Gerard Arpey said the airline's outlook depended on "whether you're a glass half-full or half-empty guy. The fact that
-
Losses widen at airline giants American, United
but have not ruled out layoffs. United also is about half way through reducing its jet fleet by 100. American CEO Gerard Arpey told analysts and reporters during a conference call Wednesday that he wouldn't comment on how the market reacted
-
Fewer Travelers Expected to Fly This Holiday Season
the first part of 2009 (which includes cuts they made at the end of this year). On Tuesday, the carrier's CEO Gerard Arpey indicated that American may make further cuts depending on the economy and how it affects demand. Arpey also told reporters
-
American, Delta earnings hit hard by high fuel prices
to outweigh even an historic drop in demand caused by the turmoil in the U.S. and global economies. American CEO Gerard Arpey noted the importance of the recent drop in crude, which closed Wednesday at $74.54, a 13-month low. But he
-
BA, American and Iberia sign dealThursday, this time along with partners Iberia, Finnair and Royal Jordanian. The difference this time, says American CEO Gerard Arpey , is that trans-Atlantic service between the USA and London's Heathrow Airport, Europe's busiest and most lucrative
