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Old April 12th 17, 06:52 AM posted to rec.aviation.piloting,aus.aviation,,talk.politics.guns,sac.politics
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Default United Airlines, We put the "Hospital" in "Hospitality"!

On Wed, 12 Apr 2017 15:15:00 +1000, Sylvia Else

On 12/04/2017 3:08 PM, First-Post wrote:

I haven't done the math myself but I've read articles that say so far
United has lost around $700 million thanks to this fiasco that was
effectively caused by their desire to make every single seat on every
flight profitable. Their stock has fallen like a rock.

The market can penalize screw ups worse than any court.

The $700 is a reduction in market capitalisation, not a loss made by the
company. The stock will bounce back.


Yes but in the eyes of the stock holders it is a big loss to them. And
if it doesn't rebound fast enough and high enough, the CEO may very
well see the end of his tenure.