“The CEO’s smug non-apology apology sure did not help. I’d be shorting them hardcore.”
Perhaps because the CEO of United Airlines isn’t the CEO of the airline involved. It happened on Republic Airways, a regional carrier.
This is the CEO of Republic Airways...and his salary if you’re interested:
As President and Chief Executive Officer at REPUBLIC AIRWAYS HLDGS INC, Bryan K. Bedford made $1,318,116 in total compensation. Of this total $475,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $831,085 was awarded as stock and $12,031 came from other types of compensation.
Republic Airways serves United, Delta, and American.
https://en.wikipedia.org/wiki/Republic_Airways_Holdings
See post 27
Tickets were sold by United.
Defend this.
Well, a report from Fortune (among many others) says the CEO involved is Oscar Munoz. Republic Airways CEO Bryan K. Bedford doesn’t seem to be involved at all.
From the link below:
The United Airlines CEO said the company will work “with a sense of urgency” to conduct a review of the “upsetting” incident in which security forcibly removed a man from an overbooked flight.
“This is an upsetting event to all of us here at United,” United CEO Oscar Munoz said in a statement Monday.
http://fortune.com/2017/04/10/united-airlines-ceo-passenger-removed-video-upsetting/