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United Airlines shares fell because of the scandal

12 april 2017 - Fx4News
United Airlines shares fell because of the scandal

This week the social network to discuss a video about how the unconscious man's legs dragged out of the aircraft cabin. Video Heroes: passenger who refused to leave the plane because of overbooking, and police officers who have shown excessive zeal in carrying out their duties.


The incident occurred on April 9 flight Chicago Louisville United Airlines airline. All flight tickets have been sold, because this place is not enough for the airline employees, and it took four passengers disembark. $ 400 compensation no one agreed. Further, the compensation has been increased to $ 800, but one of the four randomly selected passengers refused to leave the cabin by yourself. Piquant situation adds that it was the doctor who had been waiting patients. The situation was widely publicized in the international media. Against this background of United Airlines shares in a moment fell by more than 4%. Two weeks ago, United Airlines was involved in yet another scandal when the flight was not allowed the two girls in leggings.

 

 

United Airlines - the largest carrier in the world. This company was the first to provide power to the commercial flights and introduced the post of flight attendant. Two United Airlines plane were injured in the terrorist attack of 9/11 (two more owned airlines American Airlines). Curiously, the largest shareholder of United Airlines is Warren Buffett, who carefully suited to the choice of assets for investment. His Berkshire Hathaway fund increased its stake to 9.2% at the end of last year. billionaire may reconsider their attitude to the United Airlines because of the scandals. Stocks may continue to be pressurized.


Consumers for companies not only a source of income, but also a source of risk. Banks periodically find themselves in the center of scandals of financial fraud, car manufacturers - due to unsafe car reviews or inconsistency environmental regulations. There are many cases of subsidence shares of 10-20%. Problems arise even in large corporations, for example, paper, Samsung last year because of problems with the Galaxy Note 7 sunk by more than 10%. The fact that smartphones explode even after the repair in the service. There was a risk of loss of confidence in the Samsung as the manufacturer of any equipment. Companies try to avoid the risk of deterioration of relations with consumers, but as they say, "to know where to fall, straws would spread."

 

According to the materials of Alpari

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