American Airlines Issues Statement on Death of Former Chairman Albert V. Casey

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American Airlines Issues Statement on Death of Former Chairman Albert V. Casey

11/07/2004 10:44pm

PR Newswire (US)

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American Airlines Issues Statement on Death of Former Chairman Albert V. Casey FORT WORTH, Texas, July 11 /PRNewswire/ -- American Airlines Chairman and CEO Gerard J. Arpey issued the following statement Sunday regarding the death of former company chairman & CEO Albert V. Casey at his home in Dallas Saturday: "Al Casey was brought in as chairman at a critical point in American Airlines' history. 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. This airline is grateful for his extensive contributions and we will miss his friendship and support. We extend our deepest sympathies to the Casey family on its personal loss." Casey joined American Airlines in 1974 and retired as chairman of AMR Corporation and American Airlines in 1985. He made the decision to move American's headquarters from New York City to Fort Worth in 1979. After his retirement from American, Casey served as Postmaster General of the United States in 1986 and was on the USPS board of governors at the time of his death. He also headed the Resolution Trust Corporation, established by Congress in 1989 to liquidate the assets of failed savings and loan associations. Born in Boston, he graduated from Harvard University in 1943 and spent four years in the Army during World War II. He received an MBA from the Harvard School of Business Administration in 1948. He served on numerous boards during his career, including Colgate-Palmolive Company and Sears Roebuck and Co., and was an advisor to M&A Technology. He was also active in the Dallas community, and until recently served as the Distinguished Executive in Residence at the Edwin L. Cox School of Business, Southern Methodist University. DATASOURCE: American Airlines CONTACT: John Hotard, Corporate Communications, American Airlines, +1-817-967-1577, Web site: http://www.aa.com/

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