business

United Airlines posts $473 million 3Q profit on federal pandemic aid

2 Comments
By DAVID KOENIG

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2021 GPlusMedia Inc.

2 Comments
Login to comment

And I thought they're bleeding money

1 ( +2 / -1 )

And I thought they're bleeding money

I can only imagine the sort of rorting that went on in the U.S in terms of federal financial assistance that companies embarked upon.

In Australia, its estimated up to $30 billion. Thats right - $30 billion, could have been given to companies that should never have had it. Now it could well be significantly less, but you'd have to say its been an absolute windfall for the private sector in Aus, but of course, will have to be paid for by everyday people. Its really a scandal and im surprised the Labor party hasnt pushed much harder on the issue.

Another example of the saying...

"Privatise the profits, socialize the costs"

2 ( +3 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites