The shares of United Airlines because of public relations disaster caused by a passenger being violently dragged from his seat on an overbooked plane at Chcago’s O’Hare Airport.
On the other hand, higher fuel costs and recent labor agreements led to a 5.1% increase in unit cost per available seat mile and meant that net income declined to $96 million (89.8 million euros), a 69.3% fall from the same quarter a year earlier.
United’s shares declined 3.5 percent in early trading in New York on Tuesday.
Source: Euronews
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