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...
including korea performed recognize united work
We also recognize that there is work where we at United do not have an advantage. That work is performed for us by vendors in the U.S., Korea and other countries, now including China.
against airline aviation barriers bias carriers coherent compete global policy prevent risk scale size unable
Without a coherent U.S. aviation policy that reverses the bias against airline size and removes the barriers that prevent us from constructive consolidation, U.S. carriers will be unable to compete on a global scale and we risk being marginalized,
chapter consider filing nobody
At this point, nobody should consider a Chapter 11 filing inevitable.
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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.
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.
achieved build company deal dedicated global great network
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.
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.
growth move position seize stronger
much stronger position to seize growth opportunities as we move forward.
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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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more flexible, more efficient and ... positioned to compete with the best carriers.
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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.
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The Plan of Reorganization reflects the financial foundation of the much stronger, much more competitive United that we have built,