Quest Quips

blog devoted to CNN International Business anchor, Richard Quest, who looks like a cross between Roger Daltry and a Muppet. You have to see him to believe him...

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Friday, December 13, 2002
 
Richard Does the Math

BizNews 10/12/2002, as trnascribed by JoAnne:

Regarding the United Airlines bankruptcy:

"Now to give you an idea of just how much money United Airlines is losing during the month of December. I was just doing a bit of back of
envelope calculation. They're losing $20 million a day every day in December. There are roughly 1440 minutes in the day.


Divide one by the other. That report was roughly two minutes long. So by my reckoning, during the course of that report United Airlines lost
$30,000.