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more flexible, more efficient and ... positioned to compete with the best carriers. - Glenn Tilton Quotes

more flexible, more efficient and ... positioned to compete with the best carriers.

not a foregone conclusion. - Glenn Tilton Quotes

not a foregone conclusion.

We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st. - Glenn Tilton Quotes

We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st.

United has made fundamental and sustainable improvements in our operations, cost structure and revenue strategy. - Glenn Tilton Quotes

United has made fundamental and sustainable improvements in our operations, cost structure and revenue strategy.

Cost

Although operating earnings for both the fourth quarter and the full year 2005 have improved significantly despite an increase in system fuel price of over 40 percent, we know we can do better. We will continue to contain costs, apply sound revenue management and deliver consistent service to our customers. - Glenn Tilton Quotes

Although operating earnings for both the fourth quarter and the full year 2005 have improved significantly despite an increase in system fuel price of over 40 percent, we know we can do better. We will continue to contain costs, apply sound revenue management and deliver consistent service to our customers.

These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment. - Glenn Tilton Quotes

These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment.

United has the most committed employees and strongest airline franchise in the world. We will not let it fail. We look forward to working with you to implement the coalition framework, - Glenn Tilton Quotes

United has the most committed employees and strongest airline franchise in the world. We will not let it fail. We look forward to working with you to implement the coalition framework,

We have to broaden our appeal to more customers than simply high-end customers. We have to understand that, in the aggregate, there are fewer customers out there, so we have to appeal to them all, - Glenn Tilton Quotes

We have to broaden our appeal to more customers than simply high-end customers. We have to understand that, in the aggregate, there are fewer customers out there, so we have to appeal to them all,

Clearly, we're disappointed that our mechanic and related employees, represented by IAM District 141M, did not approve the tentative agreement with United, ... Nevertheless, we remain fully committed to the goals of the United Airlines Union Coalition in achieving labor cost savings that will enable us to secure federally backed loans. - Glenn Tilton Quotes

Clearly, we're disappointed that our mechanic and related employees, represented by IAM District 141M, did not approve the tentative agreement with United, ... Nevertheless, we remain fully committed to the goals of the United Airlines Union Coalition in achieving labor cost savings that will enable us to secure federally backed loans.

The Plan of Reorganization reflects the financial foundation of the much stronger, much more competitive United that we have built, - Glenn Tilton Quotes

The Plan of Reorganization reflects the financial foundation of the much stronger, much more competitive United that we have built,

The fact that we have proposals for up to $3 billion in exit financing from four of the most prestigious financial institutions in the world is solid confirmation of the work that we have done together, and most importantly, of our ability to build on that success in the future, - Glenn Tilton Quotes

The fact that we have proposals for up to $3 billion in exit financing from four of the most prestigious financial institutions in the world is solid confirmation of the work that we have done together, and most importantly, of our ability to build on that success in the future,

United Airlines will continue to provide customers with the same experience and level of service they have come to expect, ... We stand by our commitment to provide customers with convenient schedules, quality onboard services and the most extensive route network in the U.S. and abroad. - Glenn Tilton Quotes

United Airlines will continue to provide customers with the same experience and level of service they have come to expect, ... We stand by our commitment to provide customers with convenient schedules, quality onboard services and the most extensive route network in the U.S. and abroad.

reflects the financial foundation of the much stronger, much more competitive United that we have built. - Glenn Tilton Quotes

reflects the financial foundation of the much stronger, much more competitive United that we have built.

It's a chicken-and-egg problem, - Glenn Tilton Quotes

It's a chicken-and-egg problem,

show just how far we have come at United. Our business plan is viable and financeable and has the full support of the banks. This financing will enable us to exit and to compete effectively in this industry. - Glenn Tilton Quotes

show just how far we have come at United. Our business plan is viable and financeable and has the full support of the banks. This financing will enable us to exit and to compete effectively in this industry.

With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st. - Glenn Tilton Quotes

With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st.

With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1. - Glenn Tilton Quotes

With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1.

With these filings before the court, the countdown has begun, - Glenn Tilton Quotes

With these filings before the court, the countdown has begun,

What we can do and what we have done, is improve the operations of our entire company so that we are in the best possible position to respond to the industry changes that we and our competitors will undoubtedly confront, - Glenn Tilton Quotes

What we can do and what we have done, is improve the operations of our entire company so that we are in the best possible position to respond to the industry changes that we and our competitors will undoubtedly confront,

United has made tremendous progress in our restructuring to improve performance across the board, in costs, revenue, operations and service to our customers. - Glenn Tilton Quotes

United has made tremendous progress in our restructuring to improve performance across the board, in costs, revenue, operations and service to our customers.

much stronger position to seize growth opportunities as we move forward. - Glenn Tilton Quotes

much stronger position to seize growth opportunities as we move forward.

No matter how well United or any U.S. carrier transforms its business, none of us will be as strong as we should be ? much less in a position to compete in the emerging global aviation industry ? if there's no change to the regulatory environment in which we operate, - Glenn Tilton Quotes

No matter how well United or any U.S. carrier transforms its business, none of us will be as strong as we should be ? much less in a position to compete in the emerging global aviation industry ? if there's no change to the regulatory environment in which we operate,

Without a coherent U.S. aviation policy that reverses the bias against airline size and removes the barriers that prevent us from constructive consolidation, U.S. carriers will be unable to compete on a global scale and we risk being marginalized, - Glenn Tilton Quotes

Without a coherent U.S. aviation policy that reverses the bias against airline size and removes the barriers that prevent us from constructive consolidation, U.S. carriers will be unable to compete on a global scale and we risk being marginalized,

We are very excited by this historic opportunity to be the first U.S. carrier to provide direct service to Vietnam in almost 30 years. - Glenn Tilton Quotes

We are very excited by this historic opportunity to be the first U.S. carrier to provide direct service to Vietnam in almost 30 years.

Vietnam holds huge potential of becoming a significant trading partner and an emerging market for U.S. goods and services. - Glenn Tilton Quotes

Vietnam holds huge potential of becoming a significant trading partner and an emerging market for U.S. goods and services.

We are focusing on the things that we do best, which means growing our business in engines, landing gear, high-tech components, avionics and line maintenance, - Glenn Tilton Quotes

We are focusing on the things that we do best, which means growing our business in engines, landing gear, high-tech components, avionics and line maintenance,

We also recognize that there is work where we at United do not have an advantage. That work is performed for us by vendors in the U.S., Korea and other countries, now including China. - Glenn Tilton Quotes

We also recognize that there is work where we at United do not have an advantage. That work is performed for us by vendors in the U.S., Korea and other countries, now including China.

Work

important steps forward as we work to transform United. - Glenn Tilton Quotes

important steps forward as we work to transform United.

Work

We look forward to continued cooperation with all of our unions and employee groups as we work to reach consensual agreements that will help us redesign our business and compete more effectively in the long term. - Glenn Tilton Quotes

We look forward to continued cooperation with all of our unions and employee groups as we work to reach consensual agreements that will help us redesign our business and compete more effectively in the long term.

United is a better company today for competing with Frontier in Denver, and it'll be the same with Southwest, ... If they fly you from Denver to every single place they fly, it would be 60 percent of the coverage United offers today, with no connecting flights. - Glenn Tilton Quotes

United is a better company today for competing with Frontier in Denver, and it'll be the same with Southwest, ... If they fly you from Denver to every single place they fly, it would be 60 percent of the coverage United offers today, with no connecting flights.

We're here today because we're not in denial, ... At United today, we face facts. - Glenn Tilton Quotes

We're here today because we're not in denial, ... At United today, we face facts.

other U.S. competitors who provide a commodity product with the barest minimum of service. - Glenn Tilton Quotes

other U.S. competitors who provide a commodity product with the barest minimum of service.

Why don't we target these companies? - Glenn Tilton Quotes

Why don't we target these companies?

At this point, nobody should consider a Chapter 11 filing inevitable. - Glenn Tilton Quotes

At this point, nobody should consider a Chapter 11 filing inevitable.

While no one underestimates the magnitude of the challenge, we are making good progress on our financial recovery program, ... We continue to work vigorously with all of our unions and other parties to achieve our number one goal: restoring the financial health of this airline without the necessity of an in-court process. - Glenn Tilton Quotes

While no one underestimates the magnitude of the challenge, we are making good progress on our financial recovery program, ... We continue to work vigorously with all of our unions and other parties to achieve our number one goal: restoring the financial health of this airline without the necessity of an in-court process.

It would not be the end of United if we were to do so, ... We would be flying the next morning. - Glenn Tilton Quotes

It would not be the end of United if we were to do so, ... We would be flying the next morning.

Our plan will have to be more aggressive than it was out of court. We will need more cost savings. Work rules will have to be on the table. We have to take this opportunity to create a different and durable cost structure that allows us to compete and succeed in a different revenue environment. - Glenn Tilton Quotes

Our plan will have to be more aggressive than it was out of court. We will need more cost savings. Work rules will have to be on the table. We have to take this opportunity to create a different and durable cost structure that allows us to compete and succeed in a different revenue environment.

We have been preparing for a Chapter 11 filing for months, and we are ready if we decide that's the best course for the company. - Glenn Tilton Quotes

We have been preparing for a Chapter 11 filing for months, and we are ready if we decide that's the best course for the company.

United will have to address the issue of the competition from low-cost carriers, ... United is going to have to broaden our appeal to more customers than simply high-end customers. United is going to have understand that, in the aggregate, there are fewer customers out there, so we have to appeal to them all. - Glenn Tilton Quotes

United will have to address the issue of the competition from low-cost carriers, ... United is going to have to broaden our appeal to more customers than simply high-end customers. United is going to have understand that, in the aggregate, there are fewer customers out there, so we have to appeal to them all.

Chapter 11 does not mean United is going out of business. In fact it means the opposite, - Glenn Tilton Quotes

Chapter 11 does not mean United is going out of business. In fact it means the opposite,

This is a huge step in enabling this airline to emerge from Chapter 11 as a stronger, more competitive company, - Glenn Tilton Quotes

This is a huge step in enabling this airline to emerge from Chapter 11 as a stronger, more competitive company,

We look forward to competing with Southwest, as we do in other cities, ... a reminder that our challenges will not cease the day we exit Chapter 11. - Glenn Tilton Quotes

We look forward to competing with Southwest, as we do in other cities, ... a reminder that our challenges will not cease the day we exit Chapter 11.

The results we are reporting make it clear that we have done well this quarter in overall cost control, especially given the significant reduction in capacity. - Glenn Tilton Quotes

The results we are reporting make it clear that we have done well this quarter in overall cost control, especially given the significant reduction in capacity.

Should Southwest decide to fly from Denver to every city in their network, they would still only offer 60% of the coverage United offers today, ... We will be delighted to fly you to the 800 destinations they can't. - Glenn Tilton Quotes

Should Southwest decide to fly from Denver to every city in their network, they would still only offer 60% of the coverage United offers today, ... We will be delighted to fly you to the 800 destinations they can't.

This is the last of the tentative agreements with our work force and underscores the significant progress we have made in recent weeks toward cutting costs, ... The IAM, along with our other unions, has stepped up to the challenge by cooperating in an unprecedented way to set the framework for a stronger, more competitive airline. - Glenn Tilton Quotes

This is the last of the tentative agreements with our work force and underscores the significant progress we have made in recent weeks toward cutting costs, ... The IAM, along with our other unions, has stepped up to the challenge by cooperating in an unprecedented way to set the framework for a stronger, more competitive airline.

If there's anything I learned in 32 years in the oil business, it's not to speculate on oil prices. - Glenn Tilton Quotes

If there's anything I learned in 32 years in the oil business, it's not to speculate on oil prices.

When we started this journey three years ago, many people questioned our ability to rebuild United into a company with a sustainable future, but together we have created a fundamentally better airline -- strong, confident and ready to compete with the world's best. - Glenn Tilton Quotes

When we started this journey three years ago, many people questioned our ability to rebuild United into a company with a sustainable future, but together we have created a fundamentally better airline -- strong, confident and ready to compete with the world's best.

United is a fundamentally better company today, with sustainable improvements across the business and solid operational performance, - Glenn Tilton Quotes

United is a fundamentally better company today, with sustainable improvements across the business and solid operational performance,

These solid results are evidence of real progress in our work to make United competitive and resilient. - Glenn Tilton Quotes

These solid results are evidence of real progress in our work to make United competitive and resilient.

We are pleased to have received this support for our Plan from our creditors. These results validate our efforts to develop an exit plan that is in the best interests of all of our stakeholders and maintains our strong momentum toward emerging from Chapter 11 in February. - Glenn Tilton Quotes

We are pleased to have received this support for our Plan from our creditors. These results validate our efforts to develop an exit plan that is in the best interests of all of our stakeholders and maintains our strong momentum toward emerging from Chapter 11 in February.

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