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UAL Q4 2007 Earnings Call 

Jamie Baker - JP Morgan

"Hey, good morning, everybody. Glenn, I may have inadvertently irritated one of my managers last week by asking a bit too bluntly whether they expected to generate a return for stakeholders this year. So I'm... let me try to ask the same question but a little bit more delicately. Stakeholders obviously entrust you with capital, they expect to generate a return on that capital. But I'm curious how United does intend to generate a return, what you actually quantify as acceptable in terms of short-term and long-term returns, and how you measure your progress towards hitting those internal return targets?"

 

 

Glenn Tilton - UAL CEO 2007

"Employee morale is not my problem."

More than five years after entering bankruptcy the senior management team at United Airlines has yet to transform the company into a sustainably profitable enterprise yielding superior returns for its shareholders and a stable working environment for its employees to take pride in. Unfortunately, the company still has no real flight plan. If you are a stakeholder in United and agree that  this must change, please read on.