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United Airlines CEO faces backlash over wealth tax proposal and high personal pay amid service complaints

Market News
21 Oct 2026
Fox Business
View Source
Bearish
United Airlines CEO faces backlash over wealth tax proposal and high personal pay amid service complaints

United Airlines CEO Scott Kirby proposed a national wealth tax and near-100% inheritance tax to address wealth inequality, sparking criticism for perceived double taxation and hypocrisy given his $32.3 million compensation. A senior Justice Department official also criticized United's service, highlighting issues like non-functioning WiFi on flights. Kirby defended the airline's pricing strategy for premium seats, but social media users urged him to focus on improving ticket prices, safety, and customer service. The controversy highlights tensions between executive pay, tax policy, and customer expectations in the airline industry.

As of Oct 21, 2026 22:31 WIB, United Airlines Holdings Inc (UAL) shares are trading at USD 102.71 on Pluang, showing a strong 1-day gain of 5.05%. The stock's market capitalization stands at $31.73 billion, with all Pluang order activity currently favoring buys. This positive market interest contrasts with the recent public criticism of the airline's leadership and service quality.

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