American Airlines CEO: How We Do Things Differently

For better or worse, a strong sense of morality strongly influences American Airlines AMR CEO's Gerard Arpey's management of the world's second-largest airline. Arpey's strong ethical sense is well-known to anyone who listens regularly to American's quarterly earnings conference calls, where he periodically reminds us that the carrier's difficult financial position reflects its efforts to avoid bankruptcy in 2003 and to honor obligations to shareholders, employees, and other business partners. In an interview in his Dallas office, Arpey's commitment to principle came through even more plainly than on the calls. "This company stands for something, more than just any old company," he declared. "Gradually, it will emerge as a successful company that honored its commitments and its pension obligations and that was guided by principles of doing what's right. To read the rest, head over to TheStreet.com