United Airlines’ shares seen sliding, $1bn off the group’s total market value? After passenger was dragged from overbooked flight

The slump could wipe as much as $1bn off the group’s total market value

Shares in United Continental Holdings are expected to fall around 5 per cent on Tuesday, based on futures trading contacts, as the company continues to draw fierce criticism for violently removing a passenger from an overbooked United Airlines flight so staff could take his seat. Footage of the incident was shared on social media and prompted outrage globally.

The man who was removed from the flight said that he was a doctor and needed to get home to treat patients the next day.

He was filmed with blood flowing down his chin afterwards, saying: “I want to go home, I want to go home.”

Source: United Airlines’ shares seen sliding after passenger was dragged from overbooked flight | The Independent