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Tuesday, April 15, 2008

United Airlines Issues Statement on Consolidation

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.


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