CHICAGO, April 15 /PRNewswire-FirstCall/ -- UAL Corporation (Nasdaq:
UAUA) issued the following statement from Chairman, President and Chief
Executive Glenn Tilton regarding consolidation in the airline industry, as
part of his message to employees earlier today:
"The industry has changed dramatically -- both globally and
domestically -- and the old paradigms no longer apply; the current fuel and
economic environment are only accelerating the need for a different
approach. Consolidation is but one of the changes necessary to achieve
sustained profitability, and we have been fully supportive. As the industry
evolves, we will take the actions we need to strengthen our global
competitiveness, and we will participate in consolidation when and if it is
the right choice and provides the right benefits for employees, customers
and shareholders."
About United
United Airlines (NASDAQ: UAUA) operates more than 3,300* flights a day
on United, United Express and Ted to more than 200 U.S. domestic and
international destinations from its hubs in Los Angeles, San Francisco,
Denver, Chicago and Washington, D.C. With key global air rights in the
Asia-Pacific region, Europe and Latin America, United is one of the largest
international carriers based in the United States. United also is a
founding member of Star Alliance, which provides connections for our
customers to 855 destinations in 155 countries worldwide. United's 55,000
employees reside in every U.S. state and in many countries around the
world. News releases and other information about United can be found at the
company's Web site at united.com.
*Based on the flight schedule between Jan. 1, 2007 and Dec. 31, 2007.
SOURCE UAL Corporation
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Related links:
http://www.united.com
CONTACT:
Worldwide Press Office, +1-312-997-8640
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