Crain’s Chicago Business

Crain’s Chicago Business reports that United Airlines will seek federal loan guarantees if their employee groups agree to concessions. United CEO Jack Creighton says whether or not the loan guarantees are forthcoming, the survival of United Airlines is not in doubt.” I’m confused. Why is the government making loan guarantees available to companies that can survive without them?

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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