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The Street (Free subscription) | 08/01/2008
CHARLOTTE, N.C. -- What happens to the airline industry if oil prices keep falling? "That would be a high-class problem to have," said Gerard Arpey, CEO of AMRAMR, during a recent earnings conference call. "If oil prices retreated, that would be a good thing, but that wouldn't mean we or the industry should give back anything we gained in pricing or fees." In general, it seems unlikely...
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The Telegraph (Free subscription) | 07/30/2008
... I see this as the start not the end of consolidation."He added that he had "spoken with Gerard Arpey", the American Airlines boss, "and he has welcomed the [Iberia] move and thought it was positive".BA's proposed merger with Iberia would be structured along similar lines as Air France's tie-up with KLM and Lufthansa's takeover of Swiss, with the two companies retaining their brands...
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SignalBlog (Free subscription) | 07/29/2008
... a positive move within ongoing three-way negotiations with American Airlines. “I have spoken with Gerard Arpey _ chairman and chief executive of American and parent AMR Corp. _ and he has welcomed the move and thought it was positive,” Walsh said. Walsh said that airline consolidation is long overdue as the aviation landscape changes. “The combined balance sheet, anticipated synergies...
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Examiner (Free subscription) | 07/29/2008
Walsh said the two airlines saw the combination as a positive move within ongoing three-way negotiations with American Airlines. "I have spoken with Gerard Arpey - chairman and chief executive of American and parent AMR Corp. - and he has welcomed the move and thought it was positive," Walsh said.
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Seattle Times (Free subscription) | 07/29/2008
... a positive move within ongoing three-way negotiations with American Airlines. "I have spoken with Gerard Arpey - chairman and chief executive of American and parent AMR Corp. - and he has welcomed the move and thought it was positive," Walsh said.Walsh said that airline consolidation is long overdue as the aviation landscape changes."The combined balance sheet, anticipated synergies...
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Star Tribune (Free subscription) | 07/29/2008
Walsh said the two airlines saw the combination as a positive move within ongoing three-way negotiations with American Airlines. "I have spoken with Gerard Arpey — chairman and chief executive of American and parent AMR Corp. — and he has welcomed the move and thought it was positive," Walsh said.
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The Washington Times (Free subscription) | 07/29/2008
Walsh said the two airlines saw the combination as a positive move within ongoing three-way negotiations with American Airlines. "I have spoken with Gerard Arpey _ chairman and chief executive of American and parent AMR Corp. _ and he has welcomed the move and thought it was positive," Walsh said.
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Seattle Post-Intelligencer (Free subscription) | 07/29/2008
... a positive move within ongoing three-way negotiations with American Airlines. "I have spoken with Gerard Arpey - chairman and chief executive of American and parent AMR Corp. - and he has welcomed the move and thought it was positive," Walsh said.Walsh said that airline consolidation is long overdue as the aviation landscape changes."The combined balance sheet, anticipated synergies...
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Today In the Sky (Free subscription) | 07/17/2008
Many airline customers have begun to wonder aloud why airlines don't just raise fares instead of pushing though unpopular fees for items like checked baggage. American CEO Gerard Arpey addressed that issue yesterday, saying attempts to raise fares enough to...
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Today In the Sky (Free subscription) | 07/17/2008
Gerard Arpey, the CEO of American Airlines parent AMR, says "nothing is off the table" as the USA's biggest carrier tries to overhaul itself in an effort to cope with record fuel costs, according to The Washington Post (free registration)....
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Market Watch (Free subscription) | 07/16/2008
NEW YORK (MarketWatch) -- Gerard Arpey, chief executive for American Airlines parent AMR Corp., said efforts to raise airfare enough to offset record jet-fuel prices has bumped up against the "hard realities" of a softer U.S. economy and competitive market, forcing the airline to think up new fees to add beyond the initial ticket price. "In a sluggish economy, consumers are even more...
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Denver Post (Free subscription) | 07/17/2008
... smaller cities, according to Rick Seaney of . Oil prices have doubled in the past year. AMR chief Gerard Arpey said in a sluggish economy, high fares will cause some people to stop flying. "We don't believe we're at that point yet, so we continue to believe the industry can sustain — we can sustain — higher prices, so we're raising our prices," Arpey told reporters on a conference...
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Miami Herald (Free subscription) | 07/16/2008
... prices. AMR expects to pay $3.81 per gallon in the third quarter.Chairman and Chief Executive Gerard Arpey called the second-quarter results disappointing, but he said the Fort Worth-based company was taking steps to manage through a tough stretch.AMR, which also owns the American Eagle airline, is cutting about 6,800 jobs and reducing its U.S. flying sharply to bring down costs while...
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San Diego Union (Free subscription) | 07/17/2008
... January, said Rick Seaney of FareCompare.com. Oil prices have doubled in the past year. AMR chief Gerard Arpey said that in a sluggish economy, high fares will cause some people to stop flying. “We don't believe we're at that point yet, so we continue to believe the industry can sustain – we can sustain – higher prices, so we're raising our prices,” Arpey said. Airlines find...
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The Independent (Free subscription) | 07/17/2008
Two of the largest airlines in the US lost a combined $2.5bn (£1.25bn) in the second quarter, as rising jet fuel prices and restructuring costs hobbled their operations.
