Jake Brace
Jake Brace
bankruptcy best billion carriers compete costs date despite earnings february fuel higher improved last numbers operating ready united year
The numbers tell the story. Year to date in 2005, the company's operating earnings improved by over $450 million, despite fuel costs that are $1.3 billion higher than last year. When United exits bankruptcy in February 2006, we will be ready to compete aggressively with the best carriers in a way that is distinctly United.
chapter completing despite emerging fuel improved improvement operating prices process profit record strong united
The year-over-year improvement in operating profit despite record fuel prices demonstrates United's significantly improved competitiveness. United is well on the way to completing the Chapter 11 reorganization process and emerging as a strong competitor.
approach areas baggage best clearly complaints costs customer despite dramatic fewest financial fuel helping improved increases industry last numbers operating performance records united
Our approach is clearly working, as the numbers show. We have substantially improved our financial performance despite dramatic increases in fuel costs over the last 12 months. And United has one of the best operating records in the industry -- in on-time departures, baggage handling, fewest customer complaints and other areas helping us to outpace the industry in unit revenue.
issues possibly resolve
We're going to resolve as many of these issues as we possibly can,
facing lots message negative people sentiment talk
We're facing some negative sentiment in Washington. We talk to lots of people in Washington. Their message is: More is needed.
airline vastly
We are a vastly different airline than we were in 2002,
couple days final order wait
We did everything that we set out to do. We have to wait a couple of days to get the final order we need.
business year
We didn't think it would be $50 every year of the business plan. Clearly, in 2006 it's not going to be $50.
exit facility response validation
Response to syndication of our exit facility is yet another validation of the substantial and sustainable improvements made during our restructuring.
airlines existed united
I think this is a much, much different United Airlines than the one that existed in 2002.
blazing products terms trail
We are blazing our own trail in terms of what products and offerings we have.
industry reached
We don't see the industry has reached equilibrium yet.
early generate ignore premium revenue signs value
We're not going to ignore the low-value customer, but we're going to try and generate a revenue premium from the high-value customer. And the early signs of that are very promising.
company determine exchange open recovery trading true value
We'll open trading on an exchange and that will determine what the value of the company will be. That's when you'll be able to determine what the true recovery will be.