Delta Taps SkyMiles Loyalty Program To Raise $6.5B

Delta Air Lines plane flying over mountains
Credit: Delta Air Lines
Delta Air Lines became the latest U.S. carrier to tap its frequent-flier program to raise fresh cash, as airlines bulk up on debt to survive the extended demand slump caused by the COVID-19 pandemic. The latest fundraising effort—Atlanta-based Delta’s largest yet this year—will seek to raise $6.5...

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