United Airlines Unable to Raise Capital for Bond Offering
May 22, 2020 at 10:00 AM EDT
Airlines are no doubt between a rock and a hard place given the effects of the coronavirus pandemic, but a healthy infusion of cash could help—unfortunately, some companies like United Airlines are finding that raising enough capital is a challenge in and of itself. Analytics company Trefis is forecasting that United Airlines will have to tap into more government-subsidized loans in order to stay afloat.