Powered by

Forward sales of mileage credits not yet part of airlines' coronavirus playbook

Mar 12, 2020 - SNL Financial

A dramatic decline in domestic and international travel bookings resulting from the novel coronavirus outbreak caused a number of airlines to shift their 2020 business focus to liquidity preservation from growth.

A dramatic decline in domestic and international travel bookings resulting from the novel coronavirus outbreak caused some domestic airlines to shift their 2020 business focus to liquidity preservation from growth.

Relationships with credit-card issuing partners have played ...