It is no surprise that airlines overbook flights, as it was the recent case of a passenger being scorted/dragged off a plane due to the plane not having space for him.
According to news source the passenger along with 3 others were asked to step off the plane as they needed to make room for crew members that needed to board a flight in Louisville.
The 3 other passengers stepped off with no incident and were given compensation for the trouble and their patience.
Now this is a Public Relations Nightmare for United as this is not the image they want to portray. The CEO has since apologized but stands by their decision as they needed to get their crew members to Louisville.
The curios thing about this incident is that stock for United Airlines jumped due to investors going with the sense that an overbooked flight was a good sign that United is growing.
Current stock price is $71.52 +0.64%(0.90%)
Now what do you think about the incident and the stocks going up?
This is not an insider tip or any type of suggestion for you to invest in the stock market,
I am not an expert and assume no responsibility on the individual’s investments