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My Favorite Quotes

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 Gerard Arpey - “That doesn't mean you have to have the lowest costs in the industry to succeed. But you need to make sure the activities and product attributes that increase your costs above the other guy bring in at least that much more in revenue, and hopefully more.”
 Gerard Arpey - “Our Fly Smart philosophy is about investing only on those points of differentiation that pay for themselves, that earn a revenue premium commensurate with what it costs us to provide that product or service.”
 Gerard Arpey - “Markets that don't work we're going to step away from.”
 Gerard Arpey - “I recognize these new contracts involve enormous sacrifices by our employees. We have our work cut out for us we are not out of the woods yet.”
 Gerard Arpey - “First, we have to lower our costs to levels that are more competitive. This will prevent the lower-cost airlines from pushing us out of the markets we want to serve. We've made great progress on this front, but we need to keep pushing.”
 Gerard Arpey - “But I don't think the popularity of flying has diminished a bit.”
 Gerard Arpey - “We have, unlike many of our competitors, continued to meet our various financial obligations.”
 Gerard Arpey - “We continued the hard work of integrating TWA, because at that time we still thought an efficient connecting hub in St. Louis could be a profitable addition to our network.”
 Gerard Arpey - “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.”
 Gerard Arpey - “One of our most difficult realizations was that-in the course of two years-a connecting hub in St. Louis had gone from something we thought we needed to something we could no longer afford.”
 Gerard Arpey - “But the St. Louis experience, perhaps better than anything else, illustrates just how much our industry has changed during the past three years.”
 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 - “maybe the odds are less than 50-50 after yesterday.”
 Gerard Arpey - “Our planes should be full, which among other things means we have a golden opportunity... to build on the momentum reflected in the financial results we are reporting today.”
 Gerard Arpey - “Our planes should be full, which among other things means we have a golden opportunity ... to build on the momentum reflected in the financial results we are reporting today.”
 Shawn Tarpey - “Smith is a great player, but it's not just him. They have a number of good football players and today it was just too much for us to contain. They come at you in all different ways. They are a very good football team.”
 Shawn Tarpey - “Brian is going to be a good one once he gets his feet under him. I think he's even going to get better the next two years. It's just a matter of experience right now for him.”
 Gerard Arpey - “The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team.”
 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 - “This airline is grateful for his extensive contributions and we will miss his friendship and support. We extend our deepest sympathies to the Casey family on its personal loss.”
 Gerard Arpey - “These are times of unprecedented challenge and change in the airline industry, and the appointments we are announcing today will put American in an even stronger position to continue the substantial progress that has already been made under the tenets of our Turnaround Plan.”
 Gerard Arpey - “The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team. These are times of unprecedented challenge and change in the airline industry, and the appointments we are announcing today will put American in an even stronger position to continue the substantial progress that has already been made under the tenets of our Turnaround Plan.”
 Shawn Tarpey - “Once you are 0-4, you have got to start finding some positives here. I'm very unhappy with the way the offense is executing, and the defense is playing great. We have to go back to the drawing board to get some things that are going to work.”
 Gerard Arpey - “a downtown monopoly that would be a windfall for them and certain damage to American Airlines, North Texas and many smaller communities around the country.”
 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.”

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