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Topic: Gerard Arpey


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In the News (Fri 27 Nov 09)

  
  New American CEO optimistic for future
Gerard Arpey added that the world’s largest airline has seen an increase in bookings lately, but he repeatedly warned that American, which narrowly avoided bankruptcy several times in the past two months, is not out of the woods yet.
Arpey’s message to employees was to put battles with management behind them, including the acrimonious fight over $1.8 billion in annual concessions, and pull together for the good of the company.
Arpey said he hoped that a reduction in airline capacity could produce fare increases, and he shares the view of his predecessor, Donald Carty, that American can charge about 30 percent more than low-fare carriers because of its amenities.
www.showmenews.com /2003/May/20030509Busi001.asp   (349 words)

  
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Gerard J. Arpey was elected Chairman of AMR Corporation and American Airlines, Inc.
Arpey had been President and Chief Executive Officerof AMR and American, since April 2003, when he was first elected a member of the Board of Directors of both companies.
Arpey received a Bachelor of Business Administration Degree in 1980 and an MBA in 1982, both from the University of Texas at Austin.
www.aa.com /content/amrcorp/corporateInformation/bios/arpey.jhtml   (366 words)

  
 American Airlines announces fare cuts (printable version)
Arpey, who took the controls of the world’s largest carrier last month, announced the turnaround campaign at the company’s annual shareholders meeting Wednesday.
Arpey said he would decline a pay raise tied to his promotion, and chairman Edward Brennan said he would forgo his salary.
Arpey was encouraged by an uptick in June bookings, which he said were stronger than last year.
www.rgj.com /news/printstory.php?id=42694   (393 words)

  
 nbc5i.com - News - Dallas Airport Dispute Goes To Washington
Gerard Arpey, chairman and CEO of American and its parent, AMR Corp., and DFW Airport Chief Operating Officer Kevin Cox said DFW and Love Field are much closer together than those other airport pairs.
Arpey said his airline invested billions of dollars in DFW on the assumption that the Wright Amendment would last forever.
Arpey and Cox said local officials decided decades ago it would be best for the regional economy to close Love Field and operate a single strong airport.
www.nbc5i.com /news/5294929/detail.html   (889 words)

  
 [No title]
Arpey said at the annual shareholders' meeting in May that he would not take a salary increase or stock awards this year despite his promotion from chief operating officer.
Arpey for agreeing to have senior executives meet regularly with union leaders, something he said did not occur under Mr.
Arpey could have moved quickly over the summer to wring out more productivity changes from labor and from other parts of the company, but failed to do so.
home.att.net /~kganu/wsb/html/LEADERSHIP2.htm   (1629 words)

  
 Arpey Biography
Gerard J. Arpey was named, Chief Executive Officer and President of American Airlines in April 2003.
Arpey previously served as the company’s President and Chief Operating Officer, Executive Vice President – Operations, Senior Vice President-Finance and Planning, as well as its Chief Financial Officer and Senior Vice President-Planning.
Arpey serves on the Board of Directors of AMR Investment Services, Inc. and the McCombs School of Business Advisory Council at the University of Texas at Austin.
www.crsmithmuseum.org /AAhistory/arpey.htm   (340 words)

  
 Tyler Morning Telegraph - NEWS - 05/08/2003 - AMERICAN AIRLINES CEO SAYS THINGS LOOKING UP AT TROUBLED CARRIER   (Site not responding. Last check: 2007-11-03)
Arpey said his airline and others need to raise average fares, for which he is hopeful because major U.S. carriers have reduced the supply of available seats this summer.
Arpey said he hoped that a reduction in airline capacity could produce fare increases, and he shares the view of his predecessor, Donald J. Carty, that American can charge about 30 percent more than low-fare carriers because of its amenities.
Arpey said he would put his stamp on American by improving communication of its strategy to employees and "building trust and teamwork back into this company." At the same time, he defended executive perks that led to Carty's resignation two weeks ago.
www.zwire.com /site/news.cfm?BRD=1994&dept_id=226362&newsid=7957269&PAG=461&rfi=9   (1024 words)

  
 nbc5i.com - News - AA's Arpey Shows Differences From Predecessors
He was preceded in the chief executive officer's job by Robert Crandall and Don Cary, but Arpey has proved to company employees that he takes a different approach to running the country's largest air carrier.
Recent comments about Arpey from AA employees seemed rare to describe the leader of a company that has experienced 12 strikes during its history.
Arpey brought a new business philosophy to American Airlines, which is based in Fort Worth, Texas.
www.nbc5i.com /news/4532333/detail.html   (496 words)

  
 USATODAY.com - American strains to find footing after shaky year   (Site not responding. Last check: 2007-11-03)
But Arpey continues to be deeply frustrated that the unprecedented cost cuts may not be enough to save the world's largest airline.
When Arpey was put in charge a year ago this week, American was a whisker away from bankruptcy court.
After the bloodletting that led to Arpey's ascension a year ago, workers' trust in management remains fragile, as does their faith in union leaders.
www.usatoday.com /money/biztravel/2004-04-21-american-cover_x.htm   (1469 words)

  
 Arpey Pats Himself On The Back - AGAIN!
Arpey's plan, announced last May, is this: lower costs to compete; fly smart by giving customers what they value; pull together, win together; and build a financial foundation for American's future.
Chief Executive Gerard Arpey said he doesn't have all the strategies the company needs to become successful, but he's confident employees and executives will find ways to turn it around as they implement the tenets of his basic plan.
Arpey recently said that based on the feedback AA has gotten from Survey America he is becoming convinced that being on time, arriving with one's bag, and being treated with courtesy may be all customers really want.
www.flyertalk.com /forum/showthread.php?t=319358&page=1   (4025 words)

  
 deseretnews.com | Finally, American sees slight 3rd quarter profit | Deseret Morning News Web edition
Chief executive Gerard Arpey said American was making good progress but that it was too early to declare victory.
Arpey said large-scale layoffs are over but an undisclosed number of pilots will lose their jobs by next spring under the concessions approved in April.
That will be accomplished partly by one of Arpey's first moves at American, going back to less legroom in coach class on some planes, and by restoring flights in Asia that were canceled during this year's SARS outbreak.
deseretnews.com /dn/print/1,1442,515040506,00.html   (876 words)

  
 Working Through Adversity
In April 2003, Gerard J. Arpey succeeded Donald Carty as chief executive officer of AMR Corporation and American Airlines, Inc., and was elected a member of AMR’s Board of Directors.
Arpey joined American Airlines (AA) in 1982 as a financial analyst and became a corporate officer in 1989, when he was elected vice president of financial planning and analysis.
Arpey also is a multiengine- and instrument-rated private pilot.
www.jet-jobs.com /samples/magsample/03_july/arpey.html   (2143 words)

  
 American gets breathing room | www.azstarnet.com ®
Gerard Arpey's first year as head of American Airlines Inc. was less about what happened than what didn't happen.
As an example, Arpey related in an April interview how he learned in a new monthly forum that employees were irritated over how the airline yanked free-travel passes from those who went over their allocations for whatever reason.
At the center of Arpey's approach are regular meetings among managers, union heads and front-line employees, a huge change for an organization that has long endured strained labor relations.
www.azstarnet.com /dailystar/printDS/22230.php   (853 words)

  
 American Airlines CEO Turns Down Pay Raise
Gerard Arpey, chairman and chief executive of American Airlines' parent company AMR, has turned down a pay raise of over USD$100,000 a year, airline officials said on Thursday.
Officials said Arpey did not feel it was appropriate to receive a pay raise as the airline struggles to recover and its employees accepted wage concessions last year in order to stave off bankruptcy at the world's largest carrier.
Arpey, who took on the title of chairman earlier this year, declined the offer and said he will keep his current base salary of USD$513,700.
news.airwise.com /stories/2004/07/1091129022.html   (180 words)

  
 USATODAY.com - More job cuts seen at American Airlines   (Site not responding. Last check: 2007-11-03)
Arpey said Wednesday that American would pay about $500 million more for fuel in the fourth quarter than it did during the same period last year.
Arpey also blamed the airline industry's problems on carriers continuing to add seats for sale, which has depressed fares.
On another issue, Arpey, who is also chairman and CEO of AMR, said the parent company was still considering selling its investment subsidiary and the commuter airline American Eagle.
www.usatoday.com /travel/news/2004-11-04-aa-cuts_x.htm   (412 words)

  
 Quarterly Results
AMR also was able, during the quarter, to further build on its cash balance, ending the period with a balance in cash and short-term investments of $3.5 billion, including a restricted balance of $483 million.
Arpey pointed to the recently announced initiative to transform American's Maintenance and Engineering Center in Tulsa, Okla., into a future profit center as evidence of what can happen when management, employees and their representatives work together to find creative solutions to the company's challenges.
Arpey also noted the joint position taken by the company, on behalf of its employees, and with its labor unions on pension legislative reform as another example of how the company and its unions are addressing key issues as business partners.
www.shareholder.com /aa/releaseDetail.cfm?ReleaseID=160813   (1004 words)

  
 American Counts Cost Of High Fuel Prices
Arpey said at the company's annual shareholder's meeting that the airline has achieved a degree of financial stability compared to a year ago when it teetered on the brink of bankruptcy.
Arpey told AMR shareholders that he also sees low cost-fare carriers such as Southwest and JetBlue as "the enemy" in the battle for the US market.
Arpey and Brennan took control of American in April 2003 when then Chairman and Chief Executive Don Carty was ousted in a dispute over disclosures of executive perks.
news.airwise.com /stories/2004/05/1084997901.html   (423 words)

  
 National Commission on Terrorist Attacks Upon the United States
My name is Gerard Arpey, and I am President and Chief Executive Officer of AMR Corporation and American Airlines.
Gerard J. Arpey was named Chief Executive Officer of AMR Corporation and American Airlines, Inc., and was elected a member of AMR’s Board of Directors, in April 2003.
In rising to CEO, Arpey continues as President of AMR and American, a post he has held since April 2002, when he also was named the company’s Chief Operating Officer.
www.9-11commission.gov /hearings/hearing7/witness_arpey.htm   (2930 words)

  
 Back From The Brink | workforce.com
Arpey’s approach sounds deceptively simple: "I think you will make better decisions and execute better on those decisions if you involve the people who actually do the work," he says.
Having had dealings with Arpey for several years, Darrah felt confident that he "understood that without the employees the company was not going to succeed." He points out that Arpey began his career as a baggage handler with Delta Airlines and had a 20-year-plus history in the airline business.
The big issue for flight attendants, she notes, is their shortened layovers between flights, which have gone from 12 hours to eight hours, and the loss of in-flight meals, both of which are concessions the union made in 2003, fearing bankruptcy, after initially rejecting the cuts.
www.workforce.com /section/09/feature/23/90/10   (2781 words)

  
 Gerard J Arpey, CEO of AMR (AMR), Earns $686,295   (Site not responding. Last check: 2007-11-03)
Gerard J Arpey, CEO of AMR (AMR), Earns $686,295
Gerard J Arpey has been CEO of AMR (AMR) for 2 years.
Arpey has been with the company for 23 years.
www.forbes.com /static/execpay2005/LIRS8LH.html?passListId=12&passYear=2005&passListType=Person&uniqueId=S8LH&datatype=Person   (484 words)

  
 American Airlines narrows loss, warns of more red ink
But chairman and chief executive Gerard Arpey said the worst may not be over, and that AMR may have "a significant loss in the fourth quarter" if fuel prices remain at current levels.
Arpey said it was disappointing that the company was unable to sustain a move to profit after the second quarter in which it posted its first profit without special items since 2000.
Arpey also pointed out that Hurricanes Katrina and Rita, in addition to driving fuel costs significantly higher, impacted results by temporarily reducing air travel, disrupting airline operations and increasing other costs.
www.turkishpress.com /news.asp?id=75483   (480 words)

  
 American Air's Arpey: 'Clouds have parted a little bit' - May. 8, 2003
Arpey says carrier's future remains uncertain, but that there are good signs.
Arpey called the first quarter, in which AMR (AMR: up $0.34 to $6.75, Research, Estimates) lost a net $1 billion, an "absolute disaster...
Arpey was appointed CEO two weeks ago after the former chief executive, Don Carty, resigned following the disclosure of special executive retention bonuses and pension benefits as unions were being asked for huge pay cuts.
money.cnn.com /2003/05/08/news/companies/amr_ceo   (249 words)

  
 AMR Chief Says 'Clouds Have Parted'
On Thursday, new CEO Gerard Arpey said business improved during the first two weeks of his tenure because of stronger bookings and lower fuel costs, sending shares of AMR up 3.6% to $6.64.
Arpey's comments came at a breakfast in its Fort Worth, Texas, headquarters, where the CEO told reporters he was hopeful that the $1 billion loss the company racked up in the first quarter "will represent a low point." He added: "the future is uncertain, but the clouds have parted a bit."
AMR is attempting to restructure those lease deals and said it was close to reaching terms with lessors, but at the breakfast, Arpey added caution that the company wasn't yet in the clear.
www.thestreet.com /markets/ericgillin/10086184.html   (239 words)

  
 WOAI: San Antonio News - American not eager to buy new Boeing jet   (Site not responding. Last check: 2007-11-03)
Gerard Arpey said American considers the Boeing 787 Dreamliner, due out in 2008, "a very intriguing airplane," but added that American likes to pass on the first model of new jets.
Arpey made the comments Wednesday during an investors' conference.
Arpey accused Dallas-based Southwest of trying to exploit its "monopoly" at Love Field, where flights are limited to Texas and seven nearby states by a 1979 law called the Wright Amendment.
www.woai.com /business/wire/story.aspx?content_id=3057F25B-377A-44A0-8E1A-69CE4E501383   (631 words)

  
 News Room   (Site not responding. Last check: 2007-11-03)
JUNE 10 – Gerard J. Arpey, Chairman and CEO of American Airlines, Inc. today was elected to lead the board of the Air Transport Association of America, Inc. (ATA).
Arpey was elected chairman of AMR Corporation and American Airlines, Inc. in May 2004.
Arpey is responsible for driving American's turnaround since 2002.
www.air-transport.org /news/d.aspx?nid=7903   (221 words)

  
 Boston.com / Business / PolyMedica settles federal charges
The company had already disclosed that it would lay off up to 650 mechanics and 450 pilots, Arpey told an investors meeting.
American and other carriers are losing money as they are squeezed by high fuel costs and tough competition that makes it hard to raise fares.
Arpey said American would pay about $500 million more for fuel in the fourth quarter than it did during the same period last year.
www.boston.com /business/articles/2004/11/04/polymedica_settles_federal_charges?pg=2   (748 words)

  
 St. Louis Commerce Magazine   (Site not responding. Last check: 2007-11-03)
Following a change of CEOs, the man who now leads American’s already obvious comeback is Gerard J. Arpey, who took over as CEO of American and its parent company, AMR Corporation, in April 2003.
Arpey, 46, earned an MBA from the University of Texas at Austin, and has spent his entire professional career at American.
Recently, Commerce had the opportunity to hear Arpey’s thoughts on St. Louis, discount air carriers, the airline slump in general and, of all things...pilgrims.
www.stlcommercemagazine.com /archives/august2004/altitude.html   (1521 words)

  
 Arpey: AA Reducing "Level And Extent" Of Corp. Contracts   (Site not responding. Last check: 2007-11-03)
American Airlines in the coming weeks will modify negotiated contracts with corporate clients as part of an effort to offset revenue dilution from recent pricing changes, AMR CEO Gerard Arpey said today.
In regard to corporate clients, Arpey was "optimistic we will have a sensible dialogue" and cited recent success in south Florida following a localized pricing redesign in November (BTNonline, Nov. 18, 2004).
Because many business fares have been cut in most domestic markets, "the level and extent of corporate discount agreements also are reduced," Arpey added.
www.btnmag.com /businesstravelnews/headlines/article_display.jsp?vnu_content_id=1000767990   (446 words)

  
 Airliners.net Civil Aviation: AA's Arpey "consider Closing Love Field"
In an interview on local news in Dallas, AA's Gerard Arpey says the Wright Amendment debate should include everything from closing Love Field to repealing the Wright Amendment.
PS Arpey will have no say about DAL until he opens the gates again and WN will have no say on the Wright Am.
Arpey contends that the debate should include everything from the closure of Love Field to repeal of the Wright Amendment.
www.airliners.net /discussions/general_aviation/read.main/2093860   (3058 words)

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