UAL's stock price is not diving.
It dropped to 68.50, has come back up to 71, dropped back to 70 today.
Keeping in mind, of course, that a year ago, when CEO Oscar Munoz had a heart transplant, the stock was trading around $37. Since then the stock has almost doubled under his leadership.
Anyone who thinks the board will jettison Munoz for this incident is dreaming.
Total stun-pilot error, from what I've read and heard. They cleared him to land on a runway parallel to a taxi-way and he missed the mark. Apparently, taxiing planes turn off their beams "as a courtesy" to planes that are landing at night. Sounds ridiculous but apparently it's true. There were 2-3 planes fully loaded with people and fuel on that taxiway. Would have been a complete shit-show if he'd touched down.was it the pilot or the tower control who goofed