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Old Sep 25, 2007 | 10:13 am
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Originally Posted by mlasser
Maybe there's a CPA that can confirm, but I'm under the impression that unredeemed FF miles have to be carried as liabilities in the balance sheet thereby reducing owners equity in the company. Not a good thing.
Agreed, but it's nowhere near what UA would hope for from a revenue passenger. Trust me, UA isn't about ready to put every F seat throughout the system up for an award just to reduce liability.
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