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My hope is that we're going to be more strategic and focused as we look for a way to address the long-term deficit and debt issues that are affecting this nation.

I'm committed to increasing long-term value for shareholders and am confident we will continue to do so through the successful execution of our core strategic priorities: the creation of high quality, branded content and experiences, the use of technology, and creating growth in numerous and exciting international markets.

I am very excited and delighted to be an important part of the development of corporate America.

Our job as leaders is to find those innovators and release their mojo - lean startup-style - to serve the American people better.

When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.

We have substantially improved our position in Japan which now represents a major part of our business.

These are times of unprecedented challenge and change in the airline industry, and the appointments we are announcing today will put American in an even stronger position to continue the substantial progress that has already been made under the tenets of our Turnaround Plan.

By welcoming eager, talented workers, we expand America's potential for growth, and our competitive culture of invention and possibility.

In terms of development of the company, the vast majority of our sales are in the Far East and we will expect to strengthen our activities there, perhaps even moving some of our engineering activities abroad.

Once America's CEOs get back to the business of growing their companies rather than growing their share prices, shareholder value will take care of itself, and all Americans will share in the higher wages and other benefits of a renewed era of economic growth.