Chapter 11 does not mean United is going out of business. In fact it means the opposite,
Today marks a new chapter for United, and it starts from a renewed position of strength.
At this point, nobody should consider a Chapter 11 filing inevitable.
We look forward to competing with Southwest, as we do in other cities, ... a reminder that our challenges will not cease the day we exit Chapter 11.
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.
This is a huge step in enabling this airline to emerge from Chapter 11 as a stronger, more competitive company,
We are pleased to have received this support for our Plan from our creditors. These results validate our efforts to develop an exit plan that is in the best interests of all of our stakeholders and maintains our strong momentum toward emerging from Chapter 11 in February.