36 Quotes by Jake Brace

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.

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.

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

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.

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.

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

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.

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.

The goal is clearly to get something done overnight,