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Hokie360

Joined: 08/26/2006 Posts: 17911
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How are airlines using Frequent Flyer programs to back new debt?


Delta and other airlines are using their FF programs to back new debt. But arent FF programs a liability? i.e. a debt they already owe the flyers that have earned those miles?

Link: Delta will use frequent-flyer program to back $6.5 billion in debt


Posted: 09/14/2020 at 10:47AM



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Current Thread:
  Interest on credit cards maybe? ** -- MVIII 09/14/2020 1:31PM
  FF programs are a profit center for airlines -- hookie 09/14/2020 11:20AM

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