[WSJ] United to Put Up Frequent-Flier Program for $5 Billion Loan
Interesting WSJ article that United will use MileagePlus as collateral for a loan.
The most interesting part of the article is:
United said its MileagePlus program generates over $5 billion in cash a year and is worth over $20 billion.
I wonder if they have people who understand programs really value these. I understand most people just redeem for coach and are happy but there has been so many devaluations.
https://www.wsj.com/articles/united-...an-11592227825 (behind paywall)
Last edited by WineCountryUA; Jun 15, 2020 at 10:52 am
Reason: moved to exisiting thread and noted paywall