>Financial Daily Dose 6.12.2020 | Top Story: American Airlines Pledges Loyalty Program as ...
Financial Daily Dose 6.12.2020 | Top Story: American Airlines Pledges Loyalty Program as Collateral for COVID Stimulus Package
Blog Post
American Airlines Group Inc. stated that it plans to pledge its loyalty program “as collateral for a $4.75 billion government loan as it seeks to shore up capital to manage through the coronavirus pandemic.” The company expects second quarter revenue to be down about 90%. – WSJ Market Snapshot: S&P 500 gained 1.9%; Bloomberg Dollar Spot …
The post Financial Daily Dose 6.12.2020 | Top Story: American Airlines Pledges Loyalty Program as Collateral for COVID Stimulus Package appeared first on Robins Kaplan Trial Attorneys Blog.
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