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re: United Airlines Stock Drops $1.4 Billion After Passenger-Removal Controversy

Posted on 4/11/17 at 11:50 am to
Posted by elposter
Member since Dec 2010
26751 posts
Posted on 4/11/17 at 11:50 am to
quote:

Literally everyone can picture themselves told they have been randomly selected to be removed from a flight,


Yes can picture this.

quote:

and the absolute nightmare that would ensue.


There would be no nightmare. I'd be pissed and probably try to negotiate even more in compensation then they were offering in exchange for not filing a DOT complaint and/or blasting them in the media. In the end I would take would I could get and either fly the next day, get a flight on another airline, or rent a car and drive. I sure as hell wouldn't be drug off a plane like a wild animal.
Posted by Walking the Earth
Member since Feb 2013
17464 posts
Posted on 4/11/17 at 11:52 am to
In fairness, if my job description was trading pills for blowjobs, I would be in a hurry to get to work, too.
Posted by JetsetNuggs
Member since Jun 2014
15613 posts
Posted on 4/11/17 at 11:52 am to
That was before the $1.4 billion dollar drop. I'd wager to say the CEO probably realizes the mistakes that were made and is not currently happy
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
26127 posts
Posted on 4/11/17 at 11:53 am to
So this is like fake news right.

Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
15281 posts
Posted on 4/11/17 at 11:53 am to
And is now only down 443 million.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
26127 posts
Posted on 4/11/17 at 11:55 am to
quote:

And is now only down 443 million.


Correct. Market does not care, they used it to make money
Posted by elposter
Member since Dec 2010
26751 posts
Posted on 4/11/17 at 11:56 am to
quote:

United Airlines Stock Drops $1.4 Billion After Passenger-Removal Controversy


Already recovered most of that in morning trading. Investors know that isolated events like this don't really hurt domestic airlines much. Most people won't care after a couple of days and will go back to looking for the best price at the best time/route to meet their needs. If it is United, they will book it.
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 4/11/17 at 11:57 am to
There's very little elasticity with demand but I wouldn't be so confident. At the very least with each passing statement, the likelihood of consumer backlash increases
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
15281 posts
Posted on 4/11/17 at 11:58 am to
Exactly. This whole situation may increase United's market cap. Which would be even funnier.
Posted by adamb2151
Houston, Texas
Member since Jun 2013
6586 posts
Posted on 4/11/17 at 11:58 am to
Buy buy buy.
Posted by elposter
Member since Dec 2010
26751 posts
Posted on 4/11/17 at 12:00 pm to
quote:

This whole situation may increase United's market cap.


Why would it increase it? Best (and most likely) case is it has no lasting impact either way.
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
15281 posts
Posted on 4/11/17 at 12:03 pm to
quote:

Why would it increase it? Best (and most likely) case is it has no lasting impact either way.


Best I can decipher is their cap was 22.5B start of Monday..it's gone down since to currently, 22.17B. People are buying up outstanding shares as the price drove down. Noteworthy is the stock value was at $40 and change last summer, now pushing $70. Trying to remember what happened last summer that it tanked so hard. Is it cyclical or was it happenstance?
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
20248 posts
Posted on 4/11/17 at 12:26 pm to
There will probably be a bunch of people buy into it right now because the stock will go back up and actually help the company
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
69239 posts
Posted on 4/11/17 at 12:28 pm to
quote:

What a dumbass CEO



At the very least, he's tone deaf by sending that email to employees.
Posted by Hangit
The Green Swamp
Member since Aug 2014
47709 posts
Posted on 4/11/17 at 1:34 pm to
quote:

But somewhere around the 3rd time of being asked by the police to vacate my seat, I would have got the hint that this would not turn out well for me.


Key words are MY SEAT. This MF'er bought, paid for, and claimed it. There is a reason you called it MY SEAT.

frick their wee policies and stupid rules. There is fundamental right and wrong and this is a big, fresh, stinking, steaming pile of wrong.

Maybe CEO Oscar can release some more bellicose, obtuse diatribe and send his stock down even further.

Blaming rape victims may be next. Was this old, bleeding guy wearing a short skirt?
Posted by Bmath
LA
Member since Aug 2010
18919 posts
Posted on 4/11/17 at 1:42 pm to
quote:

The CEO just let his employees know they have the green light to use the aisle to grate their customers' faces.


To be fair, the injury was caused by airport security. While I feel bad for the guy he needed to take a stand elsewhere once security got involved.
Posted by redneck
Los Suenos, Costa Rica
Member since Dec 2003
54203 posts
Posted on 4/11/17 at 1:42 pm to
quote:

I can't see any scenario where I have to be dragged out of a plane by 3 police/security. Would I have been happy to give up my seat, no. But somewhere around the 3rd time of being asked by the police to vacate my seat, I would have got the hint that this would not turn out well for me.


this

this shite is 100% on the passenger. If you are told to get off a plane you get the frick off the plane. If you are on your way to some sort of emergency you beg the people around you to switch with you but throwing a temper tantrum is not going to keep you on that plane
Posted by Jackie Chan
Japan?
Member since Sep 2012
4938 posts
Posted on 4/11/17 at 1:56 pm to
quote:

the tide will turn now that it's known he's a felon that traded drugs for gay sex. the relationship was kept from his wife and 5 kids. he's a POS and will end up on the no fly list.


The character of the individual removed from the plane is irrelevant.

His behavior does had relevance to how the situation played out. But the main issue is how United handled the situation. They basically said FU to four random passengers because they felt they could do so without repercussions.


Posted by Bmath
LA
Member since Aug 2010
18919 posts
Posted on 4/11/17 at 1:59 pm to
quote:

The character of the individual removed from the plane is irrelevant.


Correct. However, it's the way things are done these days. Deflect the blame and try and paint the other person in a worse light. It's immoral but not illegal.
Posted by jimmywalkeruphere
Member since Mar 2017
62 posts
Posted on 4/11/17 at 2:01 pm to
Just bought in at $69.40
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