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United CEO says no one will be fired for dragging incident

Posted at 8:49 AM, Apr 19, 2017
and last updated 2017-04-19 08:49:59-04

UNDATED (AP) — The CEO of United Airlines says no one will be fired over the dragging of a man off a plane — including the CEO himself.

CEO Oscar Munoz said Tuesday that he takes full responsibility “for making this right,” and he promised more details later this month after United finishes a review of its policies on overbooked flights.

Company executives said it’s too soon to know if the incident is hurting ticket sales.

United has been pummeled on social media — #BoycottUnited is a popular hashtag — and late-night television. Through Tuesday, its shares have fallen 4.4 percent since Flight 3411, wiping out nearly $1 billion in market value, although some other airline stocks also declined in the same period.