Glenn Tilton
Glenn Tilton
Glenn Tiltonwas Midwest Chairman and a member of the Executive Committee, at JP Morgan Chase, a position he has held from June 6, 2011 to 2014. Tilton was formerly non-executive Chairman of United Continental Holdings Inc.,, the parent company of United Air Lines, Inc. and Continental Airlines, Inc. as of October 1, 2010. Tilton was formerly Chairman, President, and CEO of UAL Corporation from 2002-2010...
commodity minimum product provide service
other U.S. competitors who provide a commodity product with the barest minimum of service.
financial foundation reflects united
reflects the financial foundation of the much stronger, much more competitive United that we have built.
chapter marks position renewed starts today
Today marks a new chapter for United, and it starts from a renewed position of strength.
bankruptcy date early exit expect february target
We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st.
achieving agreement airlines approve backed coalition committed cost district enable fully goals labor mechanic related remain savings secure union united
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.
airline bankruptcy carriers change passenger since soon viable
Before today, of the 166 airline bankruptcy filings since 1978, only two passenger carriers have successfully restructured and exited as viable businesses. That will soon change to three.
beginning continuous draw experience external image internal knocking visual
If I were able to draw a visual image of the beginning (of bankruptcy) to today, it would be one continuous experience of knocking down internal and external barriers.
I have not been able to see it.
learned oil speculate
If there's anything I learned in 32 years in the oil business, it's not to speculate on oil prices.
chapter fact mean means united
Chapter 11 does not mean United is going out of business. In fact it means the opposite,
appeals ends customers
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,
future heading leadership less position
The future that we are heading into will be no less challenging, but we are approaching it now from a position of leadership and strength.
advantage clear compete enterprise financial foundation full leadership leverage opportunity plan strong united validation work
The confirmation of our plan is a clear validation of the work we have done to make United a sustainable enterprise with a strong financial and operational foundation. We will leverage that foundation to take full advantage of the opportunity we have to compete for leadership in the U.S. and worldwide.
brutally environment financial global industry midst ongoing opportunity united
These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment.