United Airlines just lost $800M in value
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United Airlines just lost $800M in value
1–10 of 39 posts
Re: United Airlines just lost $800M in value
#2And it's up ~20% for the year.
Or about dead even for the last 30 days.
Re: United Airlines just lost $800M in value
#3In a few month we will be back to normal.
Re: United Airlines just lost $800M in value
#4Re: United Airlines just lost $800M in value
#5It's still above its YTD low of $65.28 from March, and it's 31% up (!!) from the same time last year.
It would be just as accurate to say "United Airlines gained $6.9 Billion in value since last year," but of course that wouldn't give people the satisfaction of saying "Hah! Take that, United!"
Re: United Airlines just lost $800M in value
#6It's becoming clearer today that the incident is not just the actions of an individual gate agent but the entire company's culture is toxic.
Re: United Airlines just lost $800M in value
#7Time to buy shares I guess? In a few month we will be back to normal.
Re: United Airlines just lost $800M in value
#8I feel like many of us American flyers have Stockholm syndrome about our the dire situation of our domestic airline industry. We constantly pay regular prices and more, for airlines that are sneakily become no-frills airlines.
It's especially stark when you fly just about ANY international carrier, especially the asian and middle eastern ones. On those, you're treated like a respected human being, fed like one, and actually feel like you got your money's worth. And you feel like the staff actually wants to be there, rather than absolutely hate their lives.
I get these are blanket statements for effect (especially in the case of staff). But it is true given the especially bad quality of customer service that these airlines are known for.
Re: United Airlines just lost $800M in value
#9Re: United Airlines just lost $800M in value
#10So? It's still above its YTD low of $65.28 from March, and it's 31% up (!!) from the same time last year. It would be just as accurate to say "United Airlines gained $6.9 Billion in value since last year," but of course that wouldn't give people the satisfaction of saying "Hah! Take that, United!"
That they badly botched a single customer service incident is not likely to affect the long term financial outlook of the company.