Wednesday, April 23, 2008

5389: Golden Parachutes And Arches.

Flying high in a MultiCultClassics Monologue…

• United Airlines announced plans to cut 500 managerial jobs and 600 union jobs after reporting it lost $542 million in 1Q. United lost lots of travelers’ luggage too.

• Boeing recorded a 38 percent jump in 1Q profits. How come all the airlines are tanking, but the airplane maker is flying high?

• Mickey D’s reported a 24 percent increase in 1Q profits. It’s actually good that the airlines are failing, because thanks to McDonald’s, most Americans can no longer fit into airplane seats anyways.

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