This article is more than
7 year oldJetBlue Founder Neeleman Reacts to United's Passenger Incident
April 12, 2017 at 08:37
JetBlue (JBLU) founder and former CEO David Neeleman said today that in order to prevent mishaps like the one that happened with United Continental (UAL) is to give employees power to increase monetary incentives to get people to give up their seats.
JetBlue (JBLU) founder and former CEO David Neeleman said today that in order to prevent mishaps like the one that happened with United Continental (UAL) is to give employees power to increase monetary incentives to get people to give up their seats.
A video of a man being forcibly removed from a United Airlines flight surfaced yesterday. United apologized for having to "re-accommodate" the passenger who was dragged away.
"If you have a situation where you have people on an airplane and you have to pull someone off, there's a price to get volunteers," Neeleman told CNBC's "Squawk on the Street". "It's about giving control ... [to] the gate agent to be able to bid a higher price to be able to get people to voluntarily to leave the airplane. It's as simple as that."
United will learn from this situation, Neeleman added. "This won't happen again at United."
United's stock reflects the negative public sentiment regarding the mishap as shares were lower Tuesday afternoon by 2.73% to $69.57 on heavy trading volume of about 12 million shares vs. the monthly average of around 4 million.
(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)
A video of a man being forcibly removed from a United Airlines flight surfaced yesterday. United apologized for having to "re-accommodate" the passenger who was dragged away.
"If you have a situation where you have people on an airplane and you have to pull someone off, there's a price to get volunteers," Neeleman told CNBC's "Squawk on the Street". "It's about giving control ... [to] the gate agent to be able to bid a higher price to be able to get people to voluntarily to leave the airplane. It's as simple as that."
United will learn from this situation, Neeleman added. "This won't happen again at United."
United's stock reflects the negative public sentiment regarding the mishap as shares were lower Tuesday afternoon by 2.73% to $69.57 on heavy trading volume of about 12 million shares vs. the monthly average of around 4 million.
(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)
Keywords
Newer articles
In case you missed it
<p>Prime Minister Netanyahu delivered a national address on the elimination of Hezbollah leader Hassan Nasrallah, emphasizing Israel’s resilience.</p>
Why Biden is failing Israel and Ukraine
Carter turns 100, and his hometown is ringing in the milestone
Russian, Turkish officials blame Israel for 'destabilization' of Middle East
Disgraced NBC News anchor negotiating first hosting gig in years
Sabrina Carpenter Put In the Work
After latest humiliation, Iran had little choice but to strike
Israel’s wild tactics to kill terror leader
Who won? Not the ‘knucklehead’
‘CONSEQUENCES’: Iran ‘preparing imminent strike on Israel’