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.

As Chief Financial Officer he was responsible for the corporation’s finance functions including the Financial Planning Treasury Accounting Corporate Development and Investor Relations groups. Before his appointment as President and COO Arpey served as American’s Executive Vice President of Operations Senior Vice President of Finance and Planning as well as its Chief Financial Officer and Senior Vice President of Planning. C.

Arpey (born 26 July 1958) was the former Chairman President and Chief Executive Officer (CEO) of AMR Corporation parent company to American Airlines. Gerard J.