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

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.

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

That’s considerably less than some external estimate I’ve seen.

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

I think this is a much, much different United Airlines than the one that existed in 2002.

We’re going to resolve as many of these issues as we possibly can,

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

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.

Third quarter results are strong, despite a $405 million impact from higher fuel prices year-over-year,

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

We’re facing some negative sentiment in Washington. We talk to lots of people in Washington. Their message is: More is needed.

Response to syndication of our exit facility is yet another validation of the substantial and sustainable improvements made during our restructuring.

It was every bit as difficult as we expected it to be and then some.

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...

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

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.

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...

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.

We are blazing our own trail in terms of what products and offerings we have.

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...

Even at these levels, our financial performance fits within the envelope that is out there.

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...

We look forward to working with our new independent auditors and we’re eager to continue building our professional relationship.

We are a vastly different airline than we were in 2002,

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

Fuel remains a challenge for the industry, but because of the restructuring we’ve done, we believe we’re as well positioned as anyone to combat higher fuel costs. We are challenging ourselves to improve our non-fuel...

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.

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...

could possibly be a benefit to us.

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.

The goal is clearly to get something done overnight,

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.

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.

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

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...

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