That doesn't mean you have to have the lowest costs in the industry to succeed. But you need to make sure the activities and product attributes that increase your costs above the other guy bring in at least that much more in revenue, and hopefully more.

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.