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

Squawk Pod

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