"But as it became more clear over time that our competitors were not going to do the same, it became a real issue for our team, and therefore, for our shareholders. And while the team understood the logic, we just couldn't get past a collective view amongst the team that the company didn't appreciate their contributions to the success of the team. And that certainly wasn't the intent, nor the view.
So, we implemented a unilateral 5% profit sharing program, the first accrual of which is in these results. The accrual was $73 million for our team. We're quite pleased with that, and believe you, as shareholders, should be as well. The fact of the matter is the announcement had the impact that we had hoped. Our team is excited. They're engaged. They are intent upon returning American to be the greatest airline in the world and we're seeing it in the results. You can see it in the great job our team is doing of running our airline and taking care of our customers, so I want to begin by thanking them for their continued hard work and everything they're doing to return American to greatness and take care of our customers"

Doug Parker on AA's Q 1 Conf call.