Cut line in the Summer Camp Evaluation

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How to Cut line in the Summer Camp Evaluation

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last year for the first time ever the public got a glimpse into the financials of airline frequent flyer programs what they saw was truly astonishing during the early days of the covet 19 pandemic airlines were hemorrhaging money and so naturally they looked for a loan united for example sought 5 billion to tie the company over until travel came back but like with any loan they needed to put up collateral they needed to offer something to the bank that it would acquire if the company failed to pay the loan back the problem was united wasnt worth much at the time since of course it was hemorrhaging money meaning it would have had to offer a huge chunk of itself as collateral rather they decided to offer one of their subsidiaries as collateral mileageplus holdings llc essentially their loyalty program of course given that united is a publicly traded company they have various financial reporting requirements including the obligation to file a form 8k with the securities and exchange com

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