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Stock impact report

President Trump: Don’t Bailout Billionaire Warren Buffett and Airlines [Yahoo! Finance News]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Exactly three years ago United Airlines NASDAQ:UALIt was a horrific event. Airlines remove tens of thousands of passengers every year from overbooked flights.Three years after that incident, United Airlines wants an indirect bailout from that passenger. Airlines have been very profitable in recent years as they squeezed every possible dollar from their customers using methods that borderline on abuse. No, the profits weren’t put aside for a rainy day; they were returned to shareholders in the form of dividends and share buybacks. You might say, “that’s fine, they legally earned it and they should do whatever they want to do with it”. I agree with you. What I don’t agree with is a government bailout of the airline industry.My blood is boiling. My taxes will have to pay for a $25 billion bailout of the airlines who would violently drag a passenger out even though he has a valid ticket. And what are we getting in return? A promise that they aren’t going to engage in any dividend payments Show less Read more
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