March 25, 2021| 457 0

American Pays Off Government Loan With AAdvantage Financing

American Airlines has repaid its government loan. Taken out in the fall, the carrier leveraged its AAdvantage loyalty program on the private market to raise a whopping $10 billion in financing. The airline has touted this funding as one reason why it does not need to go looking for cash, but the new $10 billion in financing will go a long way to sh …

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