United Airlines sucks the big green weenie

after united airlines declared bankruptcy on my birthday, 9 december 2002, wiping out my entire retirement nest egg of employee stock shares, do you have any idea how it feels to read this little pile of bullshit...?

UAL will give shareholders a special payout of USD$2.15 per share, totaling about USD$250 million, United Airlines' parent said on Friday, marking a rare move by an airline to reward investors.

The US airline industry is still recovering from a five-year slump in which it racked up USD$35 billion in losses. During that time, several airlines went into bankruptcy, including United, wiping out shareholders' investments.

"This shareholder distribution underscores our commitment to creating value for our investors," UAL Chief Executive Glenn Tilton said in a statement.

UAL's move is a sign of the industry's financial recovery as well as the pressure faced by airline managers to reward investors. The payout could put pressure on other carriers in the highly competitive industry to follow suit.

yeah, lemme tell you about the "VALUE" you create for your investors... assholes...

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