"As we near the end of our second quarter, our cost performance
is somewhat better than the guidance we provided. We are going to
reduce our costs further."
Source: United Airlines CEO Glenn Tilton, on
the news that United's parent company UAL will cut at least a
thousand management positions -- more than 10 percent of the front
office work force -- in an effort to save another $100 million a
year in salaries and benefits.