The confirmation of our plan is a clear validation of the work we have done to make United a sustainable enterprise with a strong financial and operational foundation. We will leverage that foundation to take full advantage of the opportunity we have to compete for leadership in the U.S. and worldwide.

The future that we are heading into will be no less challenging, but we are approaching it now from a position of leadership and strength.

This is a huge step in enabling this airline to emerge from Chapter 11 as a stronger, more competitive company,

These global financial institutions see opportunity in United -- even in the midst of the ongoing brutally competitive industry environment.

We have to broaden our appeal to more customers than simply high-end customers. We have to understand that, in the aggregate, there are fewer customers out there, so we have to appeal to them all,

Chapter 11 does not mean United is going out of business. In fact it means the opposite,

Before today, of the 166 airline bankruptcy filings since 1978, only two passenger carriers have successfully restructured and exited as viable businesses. That will soon change to three.

Clearly, we're disappointed that our mechanic and related employees, represented by IAM District 141M, did not approve the tentative agreement with United, ... Nevertheless, we remain fully committed to the goals of the United Airlines Union Coalition in achieving labor cost savings that will enable us to secure federally backed loans.

If there's anything I learned in 32 years in the oil business, it's not to speculate on oil prices.

I have not been able to see it.