12 Gerard Arpey Quotes for You to Enjoy

Gerard Arpey

American Businessman

Born: Jul 26, 1958

Business Continue Costs Today Will Years

Related authors: Bill Gates Henry Ford Jim Rohn Les Brown Peter Drucker Stephen Covey Steve Jobs Warren Buffett

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

Work Hard Work Time Thought Addition Our Network Could Because Still Continue Hub Integrating Louis Efficient St. Louis Hard Connecting Profitable

However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions. Gerard Arpey

Business Economics Year Our Some Deteriorate Tougher Had Make However Continue Escape Escaped Bankruptcy Aftermath Decisions Barely Even

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

Thought Gone Difficult Our Something Could Had Longer Most Course Hub Years Louis Afford St. Louis Connecting Two Needed

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

Service Important Adding Markets Definitely Visit See Some Percent Major Come Most Major Role Provide Years Louis Role St. Louis The Most Important Capacity Us Travelers Playing

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

Second, we have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But again, those advantages won't mean much if we don't do a great job with the basics of our business. Gerard Arpey

Great Business Job Our Those Great Job Advantages Most Make Replicate Cannot Again Mean Much Many Second Strengths Basics Competitors

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

Care Profit Our Excellent Take Customers Need

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

Time Past Increase Increased Our Would Per Only Costs Had Over Ticket Period Cover Years Time Period American Just Fuel Average Fare Nearly Raise Two

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

Obligations Financial Meet Our Unlike Various Continue Many Competitors

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

Today Future Management Will Reflect Long-Term Announcing Executive Well American Management Team Moves Depth Team Company Strengthen

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

Today Financial Opportunity Build Other Our Results Reflected Reporting Golden Which Planes Should Means Full Momentum Among Things

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