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Delta Airlines will use loyalty program for new funds

United and American also did the same

A guarantee that is used more and more frequently by carriers. Loyalty program will be used by Delta Airlines to support a $ 6.5 billion loan, a capital raising that became necessary due to the increasingly complex coronavirus-triggered crisis. This is only the latest airline to adopt such a strategy, given that United Airlines and American Airlines did the same in June. Delta's program is called...

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AVIONEWS - World Aeronautical Press Agency
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