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.
We look forward to competing with Southwest, as we do in other cities, ... a reminder that our challenges will not cease the day we exit Chapter 11.
We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st.
The fact that we have proposals for up to $3 billion in exit financing from four of the most prestigious financial institutions in the world is solid confirmation of the work that we have done together, and most importantly, of our ability to build on that success in the future,
We are pleased to have received this support for our Plan from our creditors. These results validate our efforts to develop an exit plan that is in the best interests of all of our stakeholders and maintains our strong momentum toward emerging from Chapter 11 in February.
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 1st.