In confirming the plan, the court determined that it provided fair and equitable treatment of creditors and otherwise satisfied the requirements of the US Bankruptcy Code. The company's creditors previously voted overwhelmingly in support of the plan. "The confirmation of our plan validates more than three years of work to make United a sustainable enterprise, ready to compete successfully with the strongest carriers," said Glenn Tilton, UAL president, chairman and CEO. "The tremendous work of our employees during the most difficult times is an indication of what we are capable of moving forward." UAL has secured $3 billion in exit financing from JPMorgan, Citigroup and GE Capital. These funds will be used by United to repay the Debtor-In-Possession (DIP) facility, to make other payments required upon exit from bankruptcy, and to ensure strong cash balances to conduct post-reorganization operations.