United Airlines CEO Oscar Munoz has officially stepped down from his post at the airline. He will be replaced by Scott Kirby. Kirby, an industry veteran, is widely considered well equipped to lead United through the Coronavirus crisis, the worst in the airline’s history. In stepping down, Munoz will become United’s Executive Chair for one year. Kirby first joined United in 2016. A former American Airlines executive, he served as President until this transition. It was announced he would become…
United Airlines reported a record share price on Friday with the value of its stock breaking the $90 mark for the first time. The value of the company has risen an incredible 33 percent this year, a greater increase than Delta, up 3.5 percent, and American Airlines which has seen…
United shares took a tumble on Thursday, dropping more than 12 percent after the United management team failed to leave analysts satisfied with the outlook of the company. The airline reported better than expected third quarter results, but its adjusted earnings fell sharply year-over-year. A Rough Third Quarter Revenue decreased…
