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 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. |
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. |
We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st. |
We have achieved a great deal in our restructuring to reposition this company and build upon our assets, an unrivaled global network and our dedicated employees. |
We have achieved a great deal in our restructuring to reposition this company and build upon our assets, an unrivalled global network and our dedicated employees. |
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. |
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, |
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. |
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. |
We're here today because we're not in denial, ... At United today, we face facts. |
We've put ourselves in a position to be able to compete with the effect of high oil prices in 2006. I'm confident that the work that we've done will put us in a position to have a competitive result whatever the market environment may be. |
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, |
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. |
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. |