Fri, Aug 15, 2008
Aero-News: Quote of the Day
ANN's Quote of the Day usually derives from current news,
though we reserve the right to pick quotes out of history that have
a bearing on the day's events and issues.
Sometimes, you'll find them timely and in keeping with the
content of the day's news... and sometimes, they'll just be
thought-provoking.
Reader suggestions and comments are welcome... and if
particularly intriguing, timely, or poignant, may themselves become
future Quotes of the Day.
Let us hear from you, folks!
Aero-News Quote of the Day
"We believe our proposed cooperation is an important
step towards ensuring that we can compete effectively with rival
alliances and manage through the challenges of record fuel prices
and growing economic concerns. In addition, we believe we will be
more effective competitors with greater ability to invest in our
products and services. As a result, this business agreement will
create positive outcomes for our customers, shareholders, employees
and the communities we serve."
Source: Gerard Arpey, Chairman and CEO of AMR
Corp., parent company of American Airlines. On Thursday, American
Airlines announced it has signed a joint business agreement with
British Airways and Iberia on flights between North America and
Europe. The companies later filed for worldwide trust immunity with
the US Department of Transportation, including plans to include
fellow "oneworld" alliance members Finnair and Royal Jordanian in
the immunity agreement. Similar filings with regulatory authorities
in the European Union are planned.
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