United Airlines - Board the plane as a doctor, leave as a patient!

United Airlines didn't lose a penny; their shareholders lost a billion dollars,
[...]
Shares have little, or nothing, to do with the real success or value of a company, you only have to look at the relative market cap of Ford and Tesla to see that.

I'm not sure why you're nit picking of the sentence crazy used - it is perfectly legitimate to state that an entity or object has lost value

as for the last bit - share price has rather a lot to do with the value of a company - it is objectively a measure of what a company is worth at a point in time
 
TKLs9lo.jpg


The first rule about United Airlines, is we don't take about United Airlines.

oqCIMUK.jpg
 
After reading this story I looked up the compensation you are statutorily entitled to if you are denied entry to an overbooked flight. For a short haul flight it's just €250, that's shockingly low for an error essentially caused by the airline by deliberately overbooking the flight. I would want a lot more than that if it disrupted my holiday.
 
After reading this story I looked up the compensation you are statutorily entitled to if you are denied entry to an overbooked flight. For a short haul flight it's just €250, that's shockingly low for an error essentially caused by the airline by deliberately overbooking the flight. I would want a lot more than that if it disrupted my holiday.

It's not overbooked.

It is fully booked (there is a difference), everyone has checked in and at the gate they wanted to put 4 crew members with $400 office and then allowed everyone to board and sit down.

Then they wanted to put 4 crew members on and up the offer to $800, and when no one volunteered they resorted to a random pick and physical removal of paid passengers.

If I were one of the passengers, the last people I would give up my seat for are of the airline, you'd think they have plenty more flights being the airline. If one were to give up the seats are for people like elderly who must get somewhere for an operation or wedding or funeral. Besides, it is 300miles, they could Uber that the crew that distance.

Picking a 69 year old doctor, gets filmed, then double down from the CEO. You can't make it up.
 
It's not overbooked.

It is fully booked (there is a difference), everyone has checked in and at the gate they wanted to put 4 crew members with $400 office and then allowed everyone to board and sit down.

Then they wanted to put 4 crew members on and up the offer to $800, and when no one volunteered they resorted to a random pick and physical removal of paid passengers.

If I were one of the passengers, the last people I would give up my seat for are of the airline, you'd think they have plenty more flights being the airline. If one were to give up the seats are for people like elderly who must get somewhere for an operation or wedding or funeral. Besides, it is 300miles, they could Uber that the crew that distance.

Picking a 69 year old doctor, gets filmed, then double down from the CEO. You can't make it up.
I know I read the story. My reference to overbooking compensation was a separate point.
 
with the amount of press coverage I'm guessing he could land up to even severn figures from them (it is the US after all)... he should probably share some with whoever took the video footage as without that and without the subsequent press coverage he'd probably just get the $800 compensation they first offered and the allegations of police manhandling him would be swept away
 
The inconsistency doesn't help it look very sincere, either. 24 hours ago he was stating that the passenger was belligerent and tried to justify the treatment by saying the passenger "raised his voice.". Well, no ****!
 
It's not exactly been a PR coup for the doctor either, as the media is now regurgitating how he was struck off for peddling drugs in return for gay sex. Now the world and its dog are reminded of the prurient and illegal past of this chap....after it had probably been long forgotten by most. It might have been more sensible had he not had a fit of the screaming abdabs and just got off the plane.

#############################

The passenger hauled off a United flight is a lung doctor with a taste for gambling, a history of angry outbursts — and a conviction for trading narcotics prescriptions and cash for gay sex in motels.

Dr. David Dao of Elizabethtown, Ky., confirmed Tuesday that he was the inadvertent star of a viral video stirring outrage around the globe and said he was undergoing hospital treatment in Chicago.

In an interview from his bed, Dao, 69, told Louisville TV station WLKY that he wasn’t feeling well.



When asked what hurt, the married grandfather from Vietnam answered “everything,” the station reported.

His lawyers later released a statement saying Dao’s family “wants the world to know that they are very appreciative of the outpouring of prayers, concern and support they have received.

“Currently, they are focused only on Dr. Dao’s medical care and treatment,” the statement added.

Dao’s own medical license was suspended in 2003 following his arrest on charges including unlawful prescribing and trafficking in a controlled substance.

He was accused of providing prescriptions for Vicodin and other narcotics to a former patient he later hired as his office manger, who was identified in news reports at the time as Brian Case.

The men repeatedly hooked up in motels, with Dao paying Case around $200 each time and also sharing in the drugs, according to a 130-page file complied by the Kentucky Board of Medical Licensure.

On the day he was busted, Dao was secretly videotaped with Case in a Red Carpet Inn in Jefferson County, Ky., “with his shirt off and his pants undone,” the records say.

Dao was convicted after trial and sentenced to five years’ probation after the judge agreed to suspend a prison term of two-plus years recommended by the jury.
.
He agreed to surrender his medical license in 2005, but had it provisionally reinstated in 2015 so he could work one day a week for another doctor in Elizabethtown.

The licensing records also reveal how Dao was “the subject of many complaints” while working at Hardin Memorial Hospital.

The Medical Executive Committee there “took a strong stance in 2002, and put [Dao] on a corrective action plan due to his disruptive behavior” and referred him “for evaluation and anger management,” the papers say.

Since 2006, he’s won nearly $235,000 playing tournament poker, taking home $1,191 in one January contest, according to the World Series of Poker Web site.
 
Last edited:
Well, I think they offered $800 in free flight coupons with themselves, is that right? One thing I know as a longtime capitalist is that if people wont bite at the current price, you have to change that price. Also, offering actual money might have helped.

A Washington Post article that claimed that the redemption rate of these type of vouchers is around 5-8%, which probably explains why nobody considered them worth taking. If they'd offered $400 cash the story would have probably turned out quite differently.

Historically, airlines have preferred to issue credit instead of a cash refund. They’re also fairly generous when it comes to parceling out vouchers for future flights. The reason? Redemption rates on vouchers hover somewhere between 5 and 8 percent, so there’s little cost to the company.
 
It's not exactly been a PR coup for the doctor either, as the media is now regurgitating how he was struck off for peddling drugs in return for gay sex. Now the world and its dog are reminded of the prurient and illegal past of this chap....after it had probably been long forgotten by most. It might have been more sensible had he not had a fit of the screaming abdabs and just got off the plane.

His lawyers will probably use this to get an even bigger settlement, he's hired 2 teams of lawyers apparently. This guy won't need to work another day in his life anyway going forward, but I imagine he will as at 69 he could have retired by now if he so wanted.
 
Media ****storm > Expectation price will drop > People sell > Price drops > Other people realise the drop is not based in reality so price is artificially low > Buy buy buy > Back to where we started
 
Back
Top Bottom