AMR Chairman and CEO Gerard Arpey at the Bank of America-Merrill Lynch Global Transportation Conference
Click photo for print quality image.Even as it faces significant economic challenges, AMR Corporation continues to confront today’s difficulties head on while remaining focused on the long term, Chairman and CEO Gerard Arpey said today.
Arpey, speaking at the Bank of America-Merrill Lynch 2009 Global Transportation Conference, said that AMR, the parent company of American Airlines, Inc., is taking additional steps in response to a difficult demand environment, moving ahead with narrowbody fleet replacement and continuing to see results from efforts to improve customer experience.
While continued investments in the Company’s facilities, fleet, products and services reflect “our confidence in our long-term strategy,” Arpey said, “we are not sugarcoating the magnitude of what we – along with every other airline – are up against in this economic climate. Just the opposite. Our confidence also stems from our long list of competitive strengths, our proven resilience, and the fact that despite formidable obstacles, we are executing well on a number of fronts today. We are running an airline our customers can depend on, delivering the products and services they value, and building a fleet and a network and a partnership grouping that will serve our customers and our company well for many years to come.”