American Airlines Responds to Proposal From the Cities of Dallas and Fort Worth

Fort Worth, TX, June 15 /PRNewswire-FirstCall/ -- In response to the proposal submitted by the cities of Dallas and Fort Worth , American Airlines Chairman and CEO Gerard Arpey said:

"Today, we reached a tentative agreement with the cities of Dallas and Fort Worth, and Southwest Airlines, to resolve the issues surrounding the Wright Amendment.

"We firmly believe the Wright Amendment has served the region well, allowing DFW airport to become the economic engine of North Texas. However, this compromise allows our employees in Dallas-Fort Worth and nationwide to move forward and refocus our collective energy on our Turnaround Plan and serving our customers in the best possible way. It also helps guard the interests of small communities throughout the nation.

"In addition, the agreement includes terms to ensure its enforcement. Considering all the possible options, we believe this to be a pragmatic solution.

"It is clear that our supporters locally and nationwide had a significant impact in this process and we thank them for their ongoing support."

SOURCE American Airlines

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