show just how far we have come at United. Our business plan is viable and financeable and has the full support of the banks. This financing will enable us to exit and to compete effectively in this industry.

not a foregone conclusion.

United has made fundamental and sustainable improvements in our operations, cost structure and revenue strategy.

What we can do and what we have done, is improve the operations of our entire company so that we are in the best possible position to respond to the industry changes that we and our competitors will undoubtedly confront,

The Plan of Reorganization reflects the financial foundation of the much stronger, much more competitive United that we have built,

With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1.