FlyerTalk Forums - View Single Post - UA uses Mileage Plus for collateral for $5B Loan
Old Jun 15, 2020, 7:29 am
  #6  
PsiFighter37
 
Join Date: Mar 2015
Location: NYC (Primarily EWR)
Programs: UA 1K / *G, Marriott Bonvoy Gold; Avis PC
Posts: 9,005
I wonder what UA thinks it can get its cash burn down to in Q4 once they lay off a whole bunch of people. At this point, it seems like UA is borrowing as much as it can in hopes it will have enough liquidity until demand turns / a vaccine is found and widely distributed.
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