As Gary Kennedy packed up his office, he discussed his 30 years at American and 11 years as chief legal officer. He talked about spending $500,000 a day on lawyer fees for the past two years as he led the airline through a bankruptcy reorganization that will be recorded as the most successful Chapter 11 in history. He engineered a $17 billion merger with US Airways and battled and then settled a major antitrust lawsuit with the federal government.
In an exclusive interview with The Texas Lawbook, Kennedy shares his experiences with outside counsel, the in-house legal department he’s leaving behind and his plans for the future. By all accounts, Kennedy is one of the most respected chief legal officers in the country.
“I fell in love with the airline business,” he says. “It’s a very sexy industry. There is something about transporting people around the globe in a metal (or these days a composite) tube at 35,000 feet thousands of times a day, that just gets in your blood.”