Terminating and replacing our pension plans was a difficult but necessary decision.
We didn't cancel any flights, but did see delays averaging about 60 minutes.
We expect to resolve any issues and concerns so that the court can approve our disclosure statement next week and we can continue moving toward exit from bankruptcy.
Right now, we are focused on assisting our customers and employees in those areas.
We are confident our customers will understand that as the price of fuel continues to reach record-high levels, we simply have no choice but to raise our fares.
What we're trying to do is hold flights and book customers on later flights.
Bankruptcy costs are expensive and necessary. That's something we said from the beginning.
We had meetings with both exchanges. They both presented us with compelling proposals and it was a difficult choice.
That was a difficult decision, but it was necessary to preserve the enterprise.
United fully complied with the solicitation and tabulation procedures, which were approved by the bankruptcy court.
