United to Put Up Frequent-Flier Program for $5 Billion Loan

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United to Put Up Frequent-Flier Program for $5 Billion Loan
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United Airlines will mortgage its frequent-flier program to secure a $5 billion loan from three banks as it seeks to build a cash cushion to see it through the coronavirus pandemic

United Airlines Holdings Inc. will mortgage its frequent-flier program to secure a $5 billion loan from three banks as it seeks to build a cash cushion to see it through the coronavirus pandemic.That figure also includes a $4.

5 billion government...
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