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...
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The Plan of Reorganization reflects the financial foundation of the much stronger, much more competitive United that we have built,
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United is better positioned today than anyone thought remotely possible three years ago, ... We have earned the opportunity to compete and we are moving forward.
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United has the most committed employees and strongest airline franchise in the world. We will not let it fail. We look forward to working with you to implement the coalition framework,
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United has made fundamental and sustainable improvements in our operations, cost structure and revenue strategy.
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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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With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st.
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reflects the financial foundation of the much stronger, much more competitive United that we have built.
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other U.S. competitors who provide a commodity product with the barest minimum of service.
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These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment.
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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.
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We're here today because we're not in denial, ... At United today, we face facts.
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United has made tremendous progress in our restructuring to improve performance across the board, in costs, revenue, operations and service to our customers.
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United is a better company today for competing with Frontier in Denver, and it'll be the same with Southwest, ... If they fly you from Denver to every single place they fly, it would be 60 percent of the coverage United offers today, with no connecting flights.
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United is a fundamentally better company today, with sustainable improvements across the business and solid operational performance,