Hi, it's Glenn and I’m calling from Chicago and it's Tuesday the first of February.

Yesterday, the members of both ALPA and the AFA voted to ratify their new contracts and, as expected, the court approved those agreements along with those of the TWU and PAFCA.

Judge Wedoff also granted the company's request for the immediate temporary cost savings necessary from AMFA employees through the 31 of May, following their vote last Friday not to ratify their agreements.

His ruling provides us with the time needed to resolve this matter with AMFA, without the distraction and the expense of a trial.

We are also continuing to hold talks with the leadership of the IAM to reach a consensual agreement on the permanent cost savings that we need from that group.

However, if we cannot reach ratifiable agreements on permanent cost savings with AMFA and the IAM, we will then go to trial.

This is the hard work that we have to do.

You all know firsthand, it's very difficult work. It is what we have to do in one of most challenging industries in the nation today and, perhaps the world today.

The approved agreements and negotiations ahead -- like all of the work that we have done and will continue to do -- must be based on the facts of this industry today, not on what the facts used to be or what we would like them to be.

As I have said before on the call, we cannot argue at United with the realities of this industry and of the marketplace.

Indeed for the last two years, we have addressed every challenge that we have faced, head on.

We are making significant progress, in an unforgiving and very competitive environment.

We are moving United forward, positioning the company in a place that will do more than simply allow us to meet the challenges and deal with the issues as they come.

We are repositioning United so that in addition to meeting the challenges we can seize the opportunities in the market and compete aggressively and effectively.

This work is not about unions versus management or one group of employees against another. It’s not about winners and losers at United. It's about winning or losing in a competitive marketplace.

So, we will continue with the necessary difficult work, calmly, with competence and with respect for the facts and a clear focus on our customers.

We will continue to work hard with the leadership of the IAM and AMFA toward consensual ratifiable agreements that deliver their fair share of the cost savings United must have.

We'll continue to work hard with our other unions and with SAM employees to successfully implement the cost savings in their agreements.

And while the restructuring work continues, our top priority remains to continue to deliver the travel products and services that our customers want -- at prices that they're willing to pay -- and to make sure that our restructuring effort does not impact their positive traveling experience on United.

The future will surely bring further challenges. All that we can do is to meet those challenges head-on as we have before by working together.

We remain dedicated to do all that we must at United to restore the company to financial health and to a position of leadership in this incredibly challenging industry.

Until next time, keep your heads up and stay United.