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...
financial foundation plan reflects united
The Plan of Reorganization reflects the financial foundation of the much stronger, much more competitive United that we have built,
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.
ability billion build exit fact financial financing four proposals solid success work
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,
financial foundation reflects united
reflects the financial foundation of the much stronger, much more competitive United that we have built.
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.
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These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment.
evidence progress results solid united work
These solid results are evidence of real progress in our work to make United competitive and resilient.
flying next united
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.
chapter consider filing nobody
At this point, nobody should consider a Chapter 11 filing inevitable.
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,
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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.
business compete enable exit far financing full plan support viable
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.