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...
chapter consider filing nobody
At this point, nobody should consider a Chapter 11 filing inevitable.
best chapter course decide filing preparing ready
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.
best chapter develop efforts emerging exit interests momentum plan pleased received results strong support toward validate
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.
cease challenges chapter competing exit forward reminder
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.
chapter marks position renewed starts today
Today marks a new chapter for United, and it starts from a renewed position of strength.
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Chapter 11 does not mean United is going out of business. In fact it means the opposite,
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This is a huge step in enabling this airline to emerge from Chapter 11 as a stronger, more competitive company,
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These solid results are evidence of real progress in our work to make United competitive and resilient.
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It would not be the end of United if we were to do so, ... We would be flying the next morning.
clear cost given overall quarter reduction reporting results
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.
almost direct excited historic opportunity provide service vietnam
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.
business focusing growing landing line means
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,
bell compete learned pressure ringing sort
So far, the pressure is not that great. It's sort of ringing the bell for us. We've learned to compete effectively with Frontier, and we'll do the same with Southwest.
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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.