Even with strong demand for air travel, we have been able to pass only a very small portion of that increase on to our customers.
More Quotes from Gerard Arpey:
Just to cover the increase in fuel costs over the past two years, American would have had to raise fares nearly $75 per round-trip ticket. During this time period, our average fare increased by only $15.Gerard Arpey
He assembled a management team who, under his skilled leadership, guided American through the early days of deregulation and built it into one of the world's preeminent airlines,
Gerard Arpey
We have, unlike many of our competitors, continued to meet our various financial obligations.
Gerard Arpey
All of us are thrilled to welcome Tom Horton back to the leadership team. His broad knowledge of the challenging airline industry and keen understanding of the financial markets will be enormous assets to AMR as we continue the vital work of restoring the company to sustained profitability in a global aviation marketplace.
Gerard Arpey
But I definitely see us playing a major role in St. Louis in the years to come. We already provide service to 95 percent of the markets St. Louis travelers visit the most. And we're adding capacity in some of the most important markets.
Gerard Arpey
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