'Mad Money' Spotlight: Cramer Shames UAL

UAL Corporation(UAUA Quote), parent company of United Airlines, has racked up a series of offenses at the helm of CEO Glenn Tilton: Poor execution. Plunging revenues. A drastic decline in share value.

These are but a few of the things that have finally put Tilton on Jim Cramer's "Wall of Shame."

Granted, the airline sector overall is in a tailspin, as the economy forces consumers to cut back on vacations and the swine-flu outbreak has scared others from travel. But shares of UAL have fallen 89% since it began trading in February, after a reorganization of the company. UAL opened trading earlier in the year at $35 a share. Now it goes for a mere $3.83.

In comparison, JetBlue(JBLU Quote) stock is down 65% and shares in Continental(CAL Quote) have declined 56% during the same period.

Last week, Tilton said UAL would be willing to adjust capacity and may begin charging for certain services, after the largest carrier Delta Airlines (DAL Quote), made a similar claim.

First-quarter revenue sank 22% from a year earlier, just one of the many area in which the company has shrunk. Between 2000 and 2008 United's fleet shrank by a third, its workforce shrank by half and its passenger count shrank by 38%.

What was once the biggest airline in the world, now ranks fourth.