Archive for #sabew11 SmartBlogs
Southwest Airlines CEO Gary Kelly and American Airlines CEO Gerard Arpey shared the stage for a discussion of the state of the airline industry at the annual convention of the Society of American Business Editors and Writers this week in Dallas.
Among the key points from their conversation:
- Fuel costs continue to be a concern. High oil prices dampen demand for the industry, and both companies are looking for ways to reduce those costs.
Elizabeth Warren, assistant to the president and special adviser to the Secretary of the Treasury on the Consumer Financial Protection Bureau, used her appearance at the annual convention of the Society of American Business Editors and Writers to focus on accountability.
Her presentation touched on three main themes:
- Changes in the consumer financial marketplace. Over the years, credit products became much more complicated, she said.
President Barack Obama’s proposal to decrease foreign oil imports by a third over the next 10 years is not nearly ambitious enough, said Chesapeake Energy CEO Aubrey McClendon, at the annual convention of the Society of American Business Editors and Writers in Dallas. There is far more natural gas available in this country than anyone suspected as recently as five years ago, he said, and retrieving this gas would significantly reduce dependence on foreign oil and help spur a U.S.[…] Continue Reading »