Jake Brace Quotes (21 Quotes)

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.

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.

This validates our business plan and demonstrates that despite the fact that the industry environment has gotten tougher, the United business plan can attract even more all-debt exit financing than it could last winter.

The work we have done significantly improves United's ability to compete with the best U. S. airlines,

These discussions need to be brought to a quick resolution to achieve our common goal,

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.

We didn't think it would be 50 every year of the business plan. Clearly, in 2006 it's not going to be 50.

We look forward to confirming the (reorganization) plan next week and exiting bankruptcy next month ready to compete with the strongest carriers.

I suspect that the trial has spurred action on both sides,

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.

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.

We've been pleased with that decision. We are obviously mindful of other carriers following in our footsteps.

We don't see the industry has reached equilibrium yet.

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.

We did everything that we set out to do. We have to wait a couple of days to get the final order we need.

Once this agreement is ratified, we will now have resolved pension and retirement issues with all of our employee groups. We're pleased to have reached this agreement.

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.

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.

could possibly be a benefit to us.

Today represents a validation of three years of hard work that at the outset many critics said could not be done.

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.