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cover of episode The United Airlines Buyback: A “Big Mistake”? 10/16/24

The United Airlines Buyback: A “Big Mistake”? 10/16/24

2024/10/16
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Squawk Pod

Shownotes Transcript

United Airlines has announced a $1.5B share buyback program), its first since before the pandemic. The plan has inflamed an already contentious relationship between the airline and its flight attendants, who have been pushing for a new contract. The Association of Flight Attendants International President Sara Nelson calls the buyback a “big mistake” and argues that some of that money belongs to the airline’s workers. United CEO Scott Kirby responds to Nelson’s comments, insisting that flight attendants will get an “industry-leading” contract. Plus, Qualcomm might wait until after the election to decide whether to buy Intel) and Tom Brady will soon be a part owner) of the Las Vegas Raiders.

 

Sara Nelson - 15:19

Scott Kirby - 24:02

 

In this episode:

Sara Nelson, @FlyingWithSara)

Becky Quick, @BeckyQuick)

Joe Kernen, @JoeSquawk)

Andrew Ross Sorkin, @andrewrsorkin)

Katie Kramer, @Kramer_Katie)