He Spent $290K On Unlimited Pass With Airline: 'Best Investment Of My Life' Has Turned Into Flights To 100 Countries
Portfolio Pulse from Chris Katje
Tom Stuker, a car dealership consultant, purchased a lifetime pass from United Airline Holdings (NASDAQ:UAL) for $290,000 in 1990. Since then, he has flown over 23 million miles, saving millions of dollars on air travel. The unlimited pass is no longer offered by United, and it's unlikely that airlines will reintroduce such an offer in the future.
June 26, 2023 | 8:53 pm
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United Airline Holdings no longer offers the lifetime pass purchased by Tom Stuker in 1990, and it's unlikely that airlines will reintroduce such an offer in the future.
The news about Tom Stuker's lifetime pass is an interesting anecdote, but it doesn't have a direct impact on United Airline Holdings' stock price. The company no longer offers such passes, and it's unlikely that airlines will reintroduce them in the future. Therefore, the impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 30
RELEVANCE 50