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Drudge Retort: The Other Side of the News
Wednesday, April 01, 2020

United Airlines CEO Oscar Munoz and President Scott Kirby thanked their 90,000 workers Friday afternoon for pressing lawmakers to pass a $2 trillion stimulus package with $58 billion in funding for beleaguered U.S. airlines, half of it grant aid to cover their payrolls and prevent layoffs through Sept. 30. That's not long enough to get the industry out of the woods, the United executives warned.

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For once they're playing the long game in seeing that this isn't going to be over come May/June.

Too bad they didn't play that long game when squandering their cash flows on payouts.

While this event should be thinning the herd of poorly run corporations we're not likely to see such things happening in our "capitalist" economy.

#1 | Posted by jpw at 2020-04-01 03:08 PM | Reply

You know it's bad when you
get a bailout
announce layoffs
and three days later your stock is down 25%.

Maybe UAL could just load up their oldest planes with the Old Volunteers on daily nonstop flights to Shanksville.
That would help relieve both them and us of excess inventory.

#2 | Posted by snoofy at 2020-04-01 03:14 PM | Reply

Lock this ------- and fellow company executives up.
Prison would be perfect for these ------.

#3 | Posted by aborted_monson at 2020-04-01 05:07 PM | Reply

How quickly captilasts turn to socialists whenever capitalism fails.

#4 | Posted by SpeakSoftly at 2020-04-01 07:29 PM | Reply

Rent has been waved for airlines, not for people though.

And they're going to shht can the people who paid it for them.

#5 | Posted by MrSilenceDogood at 2020-04-02 07:55 AM | Reply

I pray United goes under. Worst airline there is.

#6 | Posted by byrdman at 2020-04-02 08:38 AM | Reply

How quickly captilasts turn to socialists whenever capitalism fails.

#4 | POSTED BY SPEAKSOFTLY AT 2020-04-01 07:29 PM | FLAG:

Socialism just means crony-capitalism in America.

#7 | Posted by sitzkrieg at 2020-04-02 10:07 AM | Reply

"Capitalism" is for the masses.

#8 | Posted by jpw at 2020-04-02 10:53 AM | Reply

I pray United goes under. Worst airline there is.

#6 | POSTED BY BYRDMAN

I know some good people that work for United. It used to be much better to work for them. Lately not so much. Everyone is retiring who can.

#9 | Posted by donnerboy at 2020-04-02 11:28 AM | Reply

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