We have been preparing for a Chapter 11 filing for months, and we are ready if we decide that's the best course for the company.
More Quotes from Glenn Tilton:
These solid results are evidence of real progress in our work to make United competitive and resilient.Glenn Tilton
much stronger position to seize growth opportunities as we move forward.
Glenn Tilton
United is a fundamentally better company today, with sustainable improvements across the business and solid operational performance,
Glenn Tilton
Although operating earnings for both the fourth quarter and the full year 2005 have improved significantly despite an increase in system fuel price of over 40 percent, we know we can do better. We will continue to contain costs, apply sound revenue management and deliver consistent service to our customers.
Glenn Tilton
The fact that we have proposals for up to 3 billion in exit financing from four of the most prestigious financial institutions in the world is solid confirmation of the work that we have done together, and most importantly, of our ability to build on that success in the future,
Glenn Tilton
Our plan will have to be more aggressive than it was out of court. We will need more cost savings. Work rules will have to be on the table. We have to take this opportunity to create a different and durable cost structure that allows us to compete and succeed in a different revenue environment.
Glenn Tilton
Readers Who Like This Quotation Also Like:
He was an innovator, an experimenter, a missionary in bringing the gospel of good cooking to the home table.Craig Claiborne
I hadn't given much thought to the prospect of a Hugo nomination at the time it happened, but obviously once you're nominated, winning one seems a bit less far-fetched than before.
Greg Egan
I would like to be called an inspiration to people, not a role model - because I make mistakes like everybody else. When I'm offstage, I'm just like everybody else.
Britney Spears