AA CEO Donald Carty Resigns

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Thursday, April 24th, 2003
7:55pm Easter Daylight Time

American Air CEO Donald Carty Resigns
By DAVID KOENIG, AP Business Writer

FORT WORTH, Texas - The chairman and chief executive of American Airlines
resigned Thursday as labor leaders and negotiators for the carrier agreed to
a sweetened package of cost cuts in an effort to keep the company out of
bankruptcy.

Gerard Arpey, the company's president, will replace Donald J. Carty as CEO,
while board member Edward A. Brennan will take over as chairman.

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