Jake Brace
Jake Brace
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.
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.
envelope financial fits performance within
Even at these levels, our financial performance fits within the envelope that is out there.
action both suspect trial
I suspect that the trial has spurred action on both sides,
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.
among business chief costs fuel industry normal number operation pleased
This is very normal for bankruptcies ... (and) has nothing to do with the operation of the business at all, ... The industry still has a number of challenges, fuel costs chief among them, but we're pleased with our results.
agreement committee enormous goal prior reach
Being able to reach a global, consensual agreement with the creditor's committee prior to confirmation is the goal in any restructuring and is an enormous accomplishment.
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.
across bring choice company corporate estate expertise facilities improve improvement involved natural number operations process profile projects resources slate
Ajay has been involved for a number of years in projects to improve our utilization of resources across the company, which made him a natural choice for the corporate real estate position. He will bring his expertise in technology, operations and process improvement to a whole slate of high- profile projects to improve and consolidate our facilities around the world.
carriers following mindful obviously pleased
We've been pleased with that decision. We are obviously mindful of other carriers following in our footsteps.
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.
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.