FlyerTalk Forums - View Single Post - UA uses Mileage Plus for collateral for $5B Loan
Old Jun 15, 2020 | 8:40 am
  #10  
fumje
FlyerTalk Evangelist
All eyes on you!
10 Years on Site
 
Join Date: Aug 2015
Posts: 12,778
For context, in 2019 mileage sales generated a bit over $5b. The 2020 figure may possibly wind up a bit down from that, but this could be viewed as an advance on the next year-ish of program revenue. So it is creative perhaps in the sense of leaving no stone un-turned, but not in terms of making numbers from whole cloth.

It will affect UA's profitability for a while, but probably it has not much impact upon the MP program.
fumje is offline