American Airlines Plans $7.5B Debt Sale To Repay Treasury Loan

Ben Goldstein March 08, 2021
American Airlines 737-800
Credit: Nigel Howarth / Aviation Week
American Airlines announced plans to mortgage its frequent-flier program to pay off a $7.5 billion government loan accepted in 2020 as part of the CARES Act. Fort Worth-based American said it intends to raise $5 billion through two senior secured debt offerings, split evenly between five-year and...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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