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Gerard Arpey

Markets that don't work we're going to step away from.

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But I don't think the popularity of flying has diminished a bit.

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We need to take excellent care of our customers, and do so at a profit.

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We have, unlike many of our competitors, continued to meet our various financial obligations.

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I think in just about any business the low cost competitor is always going to have an advantage.

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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.

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At American Airlines, we have built a business around the love of travel that has lasted three quarters of a century. And I'm pretty sure we're just getting started.

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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.

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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.

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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.

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