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...
cost revenue structure united
United has made fundamental and sustainable improvements in our operations, cost structure and revenue strategy.
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,
forward steps transform work
important steps forward as we work to transform United.
commodity minimum product provide service
other U.S. competitors who provide a commodity product with the barest minimum of service.
brutally environment financial global industry midst ongoing opportunity united
These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment.
move time
Now it's really time to fly, to move forward.
financial foundation reflects united
reflects the financial foundation of the much stronger, much more competitive United that we have built.
achieving agreement airlines approve backed coalition committed cost district enable fully goals labor mechanic related remain savings secure union united
Clearly, we're disappointed that our mechanic and related employees, represented by IAM District 141M, did not approve the tentative agreement with United, ... Nevertheless, we remain fully committed to the goals of the United Airlines Union Coalition in achieving labor cost savings that will enable us to secure federally backed loans.
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.
beginning continuous draw experience external image internal knocking visual
If I were able to draw a visual image of the beginning (of bankruptcy) to today, it would be one continuous experience of knocking down internal and external barriers.
agreements along challenge cutting force framework last progress recent stepped toward weeks work
This is the last of the tentative agreements with our work force and underscores the significant progress we have made in recent weeks toward cutting costs, ... The IAM, along with our other unions, has stepped up to the challenge by cooperating in an unprecedented way to set the framework for a stronger, more competitive airline.
chapter fact mean means united
Chapter 11 does not mean United is going out of business. In fact it means the opposite,
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.
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.