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...
achieve airline continue financial good health magnitude necessity number parties progress recovery restoring unions work
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.
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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.
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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.
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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.
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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.
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At this point, nobody should consider a Chapter 11 filing inevitable.
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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.
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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,
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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.
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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.
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much stronger position to seize growth opportunities as we move forward.