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Gerard Arpey

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BUSINESS
May 20, 2004
AMR Corp. Chief Executive Gerard Arpey added the title of chairman of the American Airlines parent. Edward Brennan, who had been chairman since last spring, will remain on AMR's board.
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BUSINESS
November 30, 2011 | By Hugo Martín and Angel Jennings, Los Angeles Times
Facing staggering labor costs, rising fuel prices and an uncertain economy, the parent company of American Airlines filed for bankruptcy protection and moved to reorganize the struggling operation. Even as Fort Worth-based AMR Corp.'s bankruptcy filing Tuesday left its 88,000 employees worried about their salaries and pensions, American sought to reassure passengers that it would not affect regular operations. American, the largest carrier at Los Angeles International Airport, said all tickets, reservations and frequent-flier reward points would be honored.
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BUSINESS
July 1, 2011 | By Terry Maxon
American Airlines Inc. has secured alliances with some of the world's best airlines. It has restructured its network to focus on major cities. It is replacing its fleet. It avoided bankruptcy when many of its competitors fled to Chapter 11. What it has not done, however, is make money. In the 10 years ended Dec. 31, 2010, American's parent company, AMR Corp., lost $11.5 billion. Its last profitable year was 2007. It has lost money in nine of the last 10 quarters, eight of the last 10 years.
BUSINESS
July 1, 2011 | By Terry Maxon
American Airlines Inc. has secured alliances with some of the world's best airlines. It has restructured its network to focus on major cities. It is replacing its fleet. It avoided bankruptcy when many of its competitors fled to Chapter 11. What it has not done, however, is make money. In the 10 years ended Dec. 31, 2010, American's parent company, AMR Corp., lost $11.5 billion. Its last profitable year was 2007. It has lost money in nine of the last 10 quarters, eight of the last 10 years.
BUSINESS
November 30, 2011 | By Hugo Martín and Angel Jennings, Los Angeles Times
Facing staggering labor costs, rising fuel prices and an uncertain economy, the parent company of American Airlines filed for bankruptcy protection and moved to reorganize the struggling operation. Even as Fort Worth-based AMR Corp.'s bankruptcy filing Tuesday left its 88,000 employees worried about their salaries and pensions, American sought to reassure passengers that it would not affect regular operations. American, the largest carrier at Los Angeles International Airport, said all tickets, reservations and frequent-flier reward points would be honored.
BUSINESS
May 11, 2006 | From Reuters
American Airlines needs to cut costs by more than $1 billion to keep its expenses in line with 2005 levels, the No. 1 U.S. airline's chief executive said Wednesday. American, a unit of AMR Corp., is "looking under every rock" for cost-cutting opportunities to offset record-high fuel prices, Gerard Arpey said on a webcast of a Bear Stearns Global Transportation Conference.
BUSINESS
March 9, 2006 | From Bloomberg News
American Airlines' flight attendants, angry about the carrier's decision to pay managers $100 million in bonuses, said they would no longer cooperate with an effort between the company and unions to lower costs. The dispute, triggered by the January disclosure of the payments, is threatening Chief Executive Gerard Arpey's attempts to reduce costs and avert bankruptcy by courting the support of unions. The airline, a unit of AMR Corp.
NEWS
October 21, 2011 | By Chris Erskine, Los Angeles Times Staff Writer
San Francisco civic officials, in cooperation with the National Park Service and the Presidio Trust, are developing a 75 th anniversary program for the Golden Gate Bridge that will include a “75 Tributes” program beginning as early as January. Keep an eye here for more details . . . . The “No. 1 priority” for American Airlines and parent AMR Corp. is to bring down operating costs, Chairman and Chief Executive Gerard Arpey said Wednesday.. . . American Express Co. posted a third-quarter profit that beat analysts' estimates.
BUSINESS
October 10, 2007 | From Bloomberg News
AMR Corp.'s American Airlines pilots set the tone for upcoming contract talks in a letter sent to Chief Executive Gerard Arpey by threatening to face off with the world's largest carrier "on the picket line." Allied Pilots Assn. officers expressed frustration with the carrier's push to continue joint efforts to cut operating costs and boost productivity while ignoring the union's concerns. American didn't return a call seeking comment on the Sept. 18 letter made public Tuesday.
NATIONAL
February 14, 2004 | From Times Wire Reports
The chief executive of American Airlines apologized after the pilot of a recent cross-country flight got on the intercom and asked all Christians aboard to raise their hands. The pilot, Rodger K. Findiesen of Annapolis, Md., has been grounded while the Feb. 6 incident is investigated, said Gerard Arpey, chief executive of American's parent, AMR Corp.
BUSINESS
May 20, 2004
AMR Corp. Chief Executive Gerard Arpey added the title of chairman of the American Airlines parent. Edward Brennan, who had been chairman since last spring, will remain on AMR's board.
BUSINESS
April 21, 2005 | From Reuters and Associated Press
AMR Corp., parent of American Airlines, and Continental Airlines Inc. posted steep quarterly losses Wednesday as record fuel prices outweighed efforts to cut costs and raise fares. Analysts have estimated that airlines, squeezed by oil costs, as well as a surplus of seats that has largely prevented fare increases, will post losses totaling about $2 billion for the first quarter.
BUSINESS
October 20, 2005 | From Reuters
American Airlines parent AMR Corp. posted a deeper-than-expected third-quarter loss Wednesday as high fuel prices outweighed fare increases and warned of a significant loss in the final quarter. But AMR shares bounced higher after the No. 1 U.S. airline also detailed plans to cut more than $500 million in costs in addition to the more than $700 million in reductions this year and add $300 million in revenue next year.
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