I would be disingenuous if I said I wasn't concerned, ... I think the capacity additions I've read about may not necessarily prove profitable for those that are entering those markets.

Markets that don't work we're going to step away from,

He assembled a management team who, under his skilled leadership, guided American through the early days of deregulation and built it into one of the world's preeminent airlines,

absolute disaster ... I'm hopeful that it will represent the low point.

I will continue to lead by example. Actions, of course, speak louder than words.

I commend you in taking this step to move the company forward, ... I recognize these new contracts involve enormous sacrifices by our employees. We have our work cut out for us; we are not out of the woods yet.