Last year, United Airlines CEO Jeff Smisek abruptly resigned amid a federal investigation into allegations that the airline had provided illegal special favors to an official in charge of Newark Liberty International Airport — including relaunching a route to South Carolina that just happened to be near a home owned by that official. United has now agreed to pay $2.4 million to settle a Securities and Exchange Commission investigation into these allegations — just a tiny portion of the financial benefit the airline received as a result of this back-room dealing. [More]
United Gets Off Easy, Pays $2.4M Penalty For Using Planes To Chauffeur Airport Exec To Vacation Home
Five years after United Airlines and Continental finalized their mega-merger, the resulting carrier has struggled to deal with both unhappy passengers and employees, and remains at the back of the customer satisfaction pack among the nation’s major airlines.
The five-year-old marriage between United and Continental airlines appears to be hitting the seven-year itch a few years early, as new United CEO Oscar Munoz began his tenure acknowledging the mega-merger may not have been such a good idea after all. [More]
I’m not saying I want to be fired in the middle of an investigation into a scandal involving one of the country’s busiest airports, but if it were to happen, I’d want the same deal that ousted United Airlines CEO Jeff Smisek is getting. [More]
One of the nation’s largest airlines has lost its CEO and two other top executives, as United Airlines CEO Jeff Smisek has stepped down from the company’s top post in the midst of a federal investigation into the airline. [More]
Starting next month, airlines delayed over 3 hours where passengers can’t disembark will be fined a hefty $27,500 per passenger. Continental CEO Jeff Smisek said that to get around the fines, they’ll just cancel the whole flight entirely. See, you can’t fine a flight for not taking off on-time if the flight doesn’t exist anymore. [AP] (Thanks to Brandon!)