INTELLIGENCE: United Debt Payment Could Trigger Cash Crisis

United today is expected to make a $375 million debt payment, which would cut its cash position to below $700 million, according to recent figures provided by CEO Glenn Tilton. While the airline's cash burn slowed to $5 million-$7 million per day, United is nearing a liquidity "inflection point"...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.