United Airlines Loses $1 Billion a Day After a Doctor Was Dragged Off the Plane
More than a backlash from social media users, United Airlines has suffered tremendous losses both in stocks and in daily flights. In a video that was posted in Facebook by a user named Aura D. Bridges, a man of Asian descent was forcefully dragged from his seat so that a company staff could seat in his place.
The man was seen nearly unconscious as an airport security was dragging him off the plane. In another video, the man is seen murmuring the words “Just kill me” and “I need to go home” over and over again. Clearly in shock of what has happened to him, the man who was later known to be Dr. David Dao was later brought to a hospital in Chicago where he is recovering from this ordeal.
Meanwhile as outrage grows even worse on the internet, more and more investors are withdrawing their support for the company. One of the company’s investor even posted a tweet stating “@united I will be re-accommodating my business permanently from @united to your competitors.” In response to this tweet Southwest Airlines also tweeted “We can’t wait to welcome you on board! DM us your RR # for a little treat before takeoff”.
After the incident the company’s CEO, Oscar Munoz, released a statement in support of the crew and staff of the airlines. He even stated that “He (Dr. Dao) was approached a few more times after that in order to gain his compliance to come off the aircraft and each time he refused and became more and more disruptive and belligerent”. Munoz also added that the company staff did what they had to do and that they “followed established procedures for dealing with situations like this”.
These statements however proved to be a fatal mistake. At the end of the day, as the stock market comes to a close, United Airlines’ share drops by 1.15 per cent, making it one of the biggest loser on the S&P 500 index. In a single day, United has lost almost $1 billion because of this incident. 16 million shares from United Airlines also shifted to other companies making it one of the biggest shifts in a year.
More in News
Man Walks for Miles to Find Donor For Wife Who Needs Kidneys
74-year-old Wayne Winters is all over the news because of his inspiring act of walking for miles every day just to...Nov 10, 2017
Are We on the Brink of World War III? This Is What Experts Say Could Happen
The next great world altercation will be like none ever seen before. With technology advancing at a rapid pace, humans now...Oct 30, 2017
Letter Found in Titanic Wreckage Now Priced at $166,000 at British Auction
A day before the Titanic sank, a man named Alexander Oskar Holverson wrote a letter to his mom. Although the letter...Oct 25, 2017
11-Year-Old Science Prodigy Develops Water Detecting Device for Lead
Sometimes great ideas come from unexpected places, like when 11-year-old science prodigy Gitanjali Rao from Lone Tree, Colorado developed a game-changing...Oct 22, 2017
Airline Agrees Long Flights Are Boring, Hires In-Flight Live Theater Group
Future travelers of Icelandair airline, your carry-on bag just got a whole lot lighter. Leave your headphones, tablet and magazines at...Oct 10, 2017
Facebook Bands Together To Help Rescue This Trapped Woman
August 13th, 2017 was shaping up to be another ordinary day for 61-year-old Leslie Kahn. The afternoon weather was simply perfect,...Oct 1, 2017
Soldier Kidnapped In Iraq Reveals Details Of Her Imprisonment, But It’s Not What The Media Says
The stories of military heroes are forever embedded in the annals of history, and most armies stand firm on never leaving...Sep 12, 2017
Paris Apartment Frozen in Time for 70 Years Reveals a Valuable Secret
It was supposed to be an appraisal like any other after an elderly woman died in the south of France. The...Sep 10, 2017
When a Mexican Resort Dream Getaway Turned into a Nightmare
Heidi and Corey Sorrem were looking forward to a dream getaway at a Mexican resort, famous for its exotic beaches, archaeological...Sep 7, 2017