FlyerTalk Forums - View Single Post - UA uses Mileage Plus for collateral for $5B Loan

Jun 15, 2020, 11:30 am

#15

tarheelnj

Join Date: Feb 2010

Location: New Jersey

Programs: UA MM 1K, AA MM Gold, Marriott LT Platinum

Posts: 3,235

What if UA defaulted on its debt and the lender(s) foreclosed on the collateral? What would they do with MP? Maybe start a brand new airline with no debt or other obligations but a built-in FF program??

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