United Airlines

United Airlines loses $900 million in market value as shares tumble after passenger incident

Shares of United Airlines (UAL) were down as much as 4.3% in trading on Tuesday after video surfaced Monday of a passenger being forcibly removed from a flight over the weekend.

The video went viral on social media on Monday, though shares of the airline actually rose to start the week, giving markets a temporary understanding that the company had dodged a major financial hit from the controversy.

United Airlines pilots arrested in cockpit on suspicion of being intoxicated

Two United Airlines pilots were arrested on suspicion of being under the influence of alcohol in Scotland on Saturday as they were about to fly to the United States, police and the airline said.

Police Scotland said the two men, aged 35 and 45 years, were detained under a section of the Railways and Transport Safety Act which covers carrying out pilot function or activity whilst exceeding the prescribed limit of alcohol.