The whole point of simplifying fleets is to drive the cost structure [down] to where it needs to be, said American chief financial officer Derek Kerr during the carriers first quarter earning call on Thursday.
ustomers minds at rest? Already, airlines have begun to make contingency planes for spooked passengers who refuse to fly the Max. Speaking to Quartz last year, Derek Kerr, the CFO of American Airlines, promised travelers who didnt want to fly on a Max could be rebooked onto another aircraft. Over
Date: Jan 21, 2020
Category: Business
Source: Google
American Airlines rides lower fuel prices to record profits
hanks largely to the decline in fuel costs, the Fort Worth-based airline also reported a record profit for the first quarter. Or, as Derek Kerr, Americans chief financial officer, told analysts: We have seen a substantial financial benefit as a result of a significant drop in crude oil prices.
Date: Apr 24, 2015
Category: Business
Source: Google
American Airlines expects to add Charlotte flights
American is seeking more "ancillary revenue," Chief Financial Officer Derek Kerr said. Ancillary revenue refers to charges such as baggage fees and upgrades to roomier economy seats. Airline executives also expect to add more seats inside planes, increasing capacity by as much as 17 percent on some
combined company would be called American Airlines Group Inc. and be based at AMR's headquarters in Texas. Its senior leaders, however, would come mostly from US Airways, including Parker as CEO, Scott Kirby as president, Robert Isom as chief operating officer, and Derek Kerr as chief financial officer.
Date: Jul 12, 2013
Category: Business
Source: Google
US Airways execs to hold most senior management jobs at American Airlines
Derek Kerr, 48, Chief Financial Officer: responsible for oversight of all financial areas, including financial planning and analysis, corporate finance and treasury functions, purchasing, controller and audit functions and investor relations. He's US Airways CFO.
The senior executives joining from US Airways are Kirby as president, Derek Kerr as chief financial officer, Robert Isom as chief operating officer, and Elise Eberwein and Stephen Johnson as executive vice presidents.
US Airways' Chief Financial Officer Derek Kerr stated, "We are extremely pleased with the results of our recent EETC financing transaction. Thanks to our strong financial and operational performance, along with our strategic positioning, we were able to obtain the lowest fixed rate financing on an E
Date: Apr 23, 2013
Category: Business
Source: Google
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