Hi, this is Glenn and it's Tuesday, June 24.

As you have probably heard, earlier today we named two outside executives to our board of directors. They both bring a level of experience and personal expertise to the company that will be very valuable to us as we continue to transform United.

Steve Miller is the former chairman and chief executive officer of Bethlehem Steel. Bethlehem emerged from Chapter 11 recently as the country’s largest steel producer. Steve played a central role in the financial recovery of Chrysler in 1980, and, more recently, in financial restructurings for major international companies such as Waste Management, Inc.

George Weiksner currently serves as vice chairman, Latin America, for Credit Suisse First Boston, the global investment bank in New York.

George's three decades of international investment banking experience will bring great strength to United as we work to recapitalize the corporation and emerge from bankruptcy as a profitable, competitive company.

The vacancies that Steve and George are filling were created by the retirements today of Dick McCormick and John Van de Kamp from our board.

Dick and John have served United with distinction for nearly 10 years and they have seen us through good times as well as some very difficult times. We truly appreciate their dedication and we wish them well.

With today’s announcement, Steve and George become the second and the third new outside directors to join United’s board in less than a month.

They join Dipak Jain, dean of Northwestern University’s Kellogg School of Management and a renowned international marketing expert, who joined the board at the end of May.

Together, as I said in the press release, these three new directors add considerable breadth and depth to the board in areas that are key to our ongoing success. They are: corporate restructuring, global finance and marketing. In addition, they bring an important international perspective to the company.

I'm truly delighted that they’ve joined us at what is a critical time for the company. And I'm confident that their skills will help make our board of directors more effective.

This is the kind of change that is essential for United to keep the company sharp and keep the company aligned with current business priorities.

A good board -- like any good management team -- needs to be renewed and strengthened over time.

And, as our business evolves, we need to look continually at the skill sets of our board as a whole –- not just the expertise of individual members.

We need to ensure that all of the necessary disciplines are covered and that the collective skills of the board remain aligned with the company’s overall requirements.

There is a delicate balance to be maintained, however. While we need to maintain an effective institutional memory, we also need to bring important new perspectives and areas of expertise into the company.

As our board and our company continue to evolve, so, too, does our senior management team.

Last week, I was pleased to announce that Paul Lovejoy, a New York-based partner in the law firm Weil, Gotshal and Manges, will join United as our new general counsel. He will also be senior vice president and secretary of the board. Paul will replace Fran Maher who has returned to private practice in Chicago.

He and I worked together at Texaco, where he was the assistant general counsel, so I know first hand precisely how effective Paul is.

His deep experience in complex business transactions, corporate finance and corporate restructuring is going to be of real benefit to us as we continue to move forward with our plan to exit Chapter 11 as well as in the years thereafter.

I'm very pleased with the direction we're moving in and the progress we continue to make.

United is being seen today with more respect than in the recent past – and this is a very important shift for the company.

We're doing good work on top of good work on top of good work -- and we're creating a new image for United that speaks for itself with customers, strategic partners and all of our other key constituencies.

Clearly, our actions speak louder than words.

At the same time, there are positive signs on the horizon for our business -– we're seeing an uptick in the bookings and current revenues are encouraging.

The industry is still troubled, for sure, and there are huge challenges ahead of us. But we're making real progress –- largely attributable directly to your hard work and your personal dedication.

I'll be speaking with you again soon as we continue making strides in moving United forward to our rightful position of leadership in the airline industry.

Until then, stay united, stay focused and keep showing the world what sets our company apart from the rest.