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.