Loyalty Programs as Lifelines

Some US carriers have seen their loyalty programs in a new light—as collateral to raise billions in loans. United Airlines started it off in June 2020 by leveraging its MileagePlus program to raise $6.8 billion, followed by Delta Air Lines in September 2020, when the Atlanta-based airline pledged...
Linda Blachly

Linda Blachly is Senior Associate Editor for Air Transport World and Aviation Week. She joined the company in July 2010 and is responsible for producing features for Air Transport World’s monthly magazine and engaging content for the aviationweek.com. She is based in the Washington DC office.

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