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-0.00132714457624201 -0.000171909919202304 -0.0135808836169847 -0.00756403644490283 -0.0115179645865567 -0.0152999828090081 -0.00843390063606671 0.0194258208698642
Stock impact report

United Airlines and Delta Mull Selling Off Miles to Raise Cash [TheStreet.com]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: TheStreet.com
United Airlines Holdings(UALGet ReportDALJPMAXPThe discussions might not result in any deals, the Wall Street Journal said, citing people familiar with the matter.But they underscore airlines' desperation since the pandemic shut down the U.S. economy and canceled thousands of flights.U.S. carriers have cut about 70% of flying this month and have warned that deeper reductions might be ahead.At last check United Airlines shares were down 3.6% at $30.37. Delta shares were off 0.9% at $24.18.U.S. airlines have mortgaged gates, flight paths and other assets to secure billions of dollars of loans in recent weeks. But that will not be enough to get the companies through a slump that is expected to last for months.Banks routinely buy miles from airlines to reward consumers for spending on their credit cards. But these discussions would see the banks buy miles all at once and at a discount, instead of buying them later as cardholders accrued points.The cash infusion could help keep the airline Show less Read more
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