Jake Brace
Jake Brace
bankruptcy contracts looked measure obviously people setting standard yardstick
We think we're setting the standard for performance. If you see what people have done in other bankruptcies, they've obviously looked at our contracts and things like that as a yardstick to measure their own bankruptcy process.
bankruptcy compete forward month next plan ready strongest week
We look forward to confirming the (reorganization) plan next week and exiting bankruptcy next month ready to compete with the strongest carriers.
advantage bankruptcy case costs early fix full gives opportunity save took view
We took the view early in the case that we were going to take full advantage of every opportunity that bankruptcy gives us to fix our situation, and we have done just that. We also took advantage of all of the opportunities to save costs that aren't necessary, enabled by the bankruptcy process.
bankruptcy financial gets improve number tools
Bankruptcy gets you a number of tools you can use to improve your financial situation, ... We don't think there are any more tools we can use.
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.
industry reached
We don't see the industry has reached equilibrium yet.
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.
action both suspect trial
I suspect that the trial has spurred action on both sides,
blazing products terms trail
We are blazing our own trail in terms of what products and offerings we have.
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.
critics hard hard-work outset represents three today validation work
Today represents a validation of three years of hard work that at the outset many critics said could not be done.
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.
investing money spending taking time
We are judiciously taking money and investing it in the high-value customer, and at the same time we are not spending any more than we have to on the low-value customer.