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Delta is borrowing more money to boost liquidity amid the novel coronavirus pandemic, and the airline is putting up is popular SkyMiles loyalty program as collateral.
Delta joins American and United with plans to use its frequent-flyer program to back new debt. Atlanta-based Delta plans to …
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Delta becomes fourth major airline to secure loan with frequent flyer miles – Delta Air Lines is going to use its frequent-flier SkyMiles program to secure $6.5 billion in cash so it can make it through …