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Nasdaq Commodities

United Airlines secures $5 bln loan backed by loyalty program

6 years 3 months ago
United Airlines said on Monday it is securing a $5 billion loan backed by its MileagePlus loyalty program, bringing potential total liquidity to $17 billion, an amount that senior executives said would be enough to carry it through a potential second or third wave of the new coronavirus that could hit the aviation industry.
Reuters
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24 minutes 14 seconds ago
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