FlyerTalk Forums - View Single Post - UA uses Mileage Plus for collateral for $5B Loan
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UA uses Mileage Plus for collateral for $5B Loan
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Jun 15, 2020 | 11:30 am
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tarheelnj
Join Date:
Feb 2010
Location:
RDU area
Programs:
UA MM 1K, AA MM Gold, Marriott LT Platinum, Hilton Gold
Posts:
3,386
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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tarheelnj
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