Exactly three years ago United Airlines (NASDAQ:UAL) violently removed a passenger from an overbooked flight, dragging him through the plane’s aisle while the man was screaming in protest. Blood was coming out of the man’s mouth. I embedded the video below. Was it that passenger’s fault that United Airlines sold more tickets than the number of seats it had?
It was a horrific event. Airlines remove tens of thousands of passengers every year from overbooked flights.
Three years after that incident, United Airlines wants an indirect bailout from that passenger. Airlines have been very profitable in recent years as they squeezed every possible dollar from their customers using methods that borderline on abuse. No, the profits weren’t put aside for a rainy day; they were