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Delta Uses Frequent Flyer Program to Pay $ 6.5 Billion in Debt

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Delta Uses Frequent Flyer Program to Pay $ 6.5 Billion in Debt

Delta Air Lines passenger aircraft are parked amid a cut in flights made to slow the spread of coronavirus disease (COVID-19) at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama on March 25, 2020.

Elijah Nouvelage | Reuters

Delta Air Lines said Monday it will borrow $ 6.5 billion through its frequent flyer program, becoming the third airline to use loyalty platforms to support liquidity during the coronavirus crisis.

The airline plans to sell its senior secured notes and enter into a new line of credit, backed by its SkyMiles program. SkyMiles will lend Delta the net proceeds from the bond offering, although a portion will be deposited in a reserve account.

United Airlines announced in June plans to use its Frequent flyer programsMileagePlus to support the $ 5 billion loan. American Airlines said it also plans to use its program as collateral for a nearly $ 5 billion federal loan.

Delta shares rose 1.6% premarket after the company announced a new debt plan.

The Atlanta-based airline and its competitors have struggled to maintain liquidity as the coronavirus pandemic devastated travel demand this year. March’s $ 2 trillion CARES law set aside $ 25 billion in airline wages, which bans job cuts until October 1, and provided another $ 25 billion in federal loans. Delta said it had no plans to pursue the loan by joining Southwest Airlines and other sources of liquidity.

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Bruno de Carvalho and Liliana Almeida say goodbye to their single lives. See photos from parties – Celebrities

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Bruno de Carvalho and Liliana Almeida say goodbye to their single lives.  See photos from parties - Celebrities

Preparations for the wedding of Bruno de Carvalho and Liliana Almeida continue. This weekend, it’s time to cross one more step off your to-do list: bachelor parties. They took place this Sunday, August 7, both on boats on the Tagus River.

The BruLi couple, as they became known, were on TVI’s Em Família on Saturday, in which they took the opportunity to talk about this and other milestones the wedding, which, according to Liliana Almeida, will take place on September 2 in Algosa, in the parish of Silves, in the Algarve.

The ceremony will take place at Solar do Paço, just over ten minutes from the house where the singer grew up. “I’m leaving my mother’s house” disclosed, towards this “very beautiful” and “new” place. “It’s a zen garden” and the choice is “belief related”.

As for the boys, a strip show was never considered. – Not that. What for? We don’t think it’s very funny,” Liliana replied when interrogated Claudio Ramos. “We’ve eliminated some things that don’t make sense to us”it’s finished

Instead, they went with family, close childhood friends and familiar faces” to the Tagus River. “One on a sailboat and the other on a catamaran,” the groom added, referring to the private yacht charter company Pacífico Cruises, which they are available for this purpose.

But why a bachelor party on the Tagus River? “Liliana was born by the sea. I had to cross the sea to get to Portugal”, justified entrepreneur born in Mozambique. There was a lot of music on board Bruno de Carvalho’s boat (selected by the DJ, of course) and a lot of good vibes on Liliana’s boat.

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Everyone was entitled to a farewell cake, the work of the Sabores Dourados brand. With a “crazy bride” and “crazy groom” on top, and a black and white illustration of each groom, these cakes were simple but made to order – if not for the white Liliana and ex-Sporting. President Bruno., green.

On Wednesday (10) more images of the parties will be shown on “Dois at 10” and also on Saturday (13) on “VivaVida”. Liliana has already chosen dress “a long time ago” and the wedding cake, which the groom wants to be out of the ordinary, will be run by the LouléDoce patisserie.

“August 11, I will have a reverse vasectomy”

This honeymoon will be in the Maldives. The main occupation, according to Bruno de Carvalho, will be bearing a child., as he explained during the broadcast, for which he was prevented by the growth of the child. “August 11, I will have a vasectomy reversal,” he said.

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SIC Summer Party Looks – Atualidade

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SIC Summer Party Looks - Atualidade

The Cuá Cuá Club in Almancil, Algarve opened its doors to several famous faces at the SIC Summer Party.

The radio station broadcast what happened at the event for just over an hour, with several presenters such as Joao Paulo Souza, Yva Lamarao, Carolina Patrosinio and Claudia Borges participating in the program.

Among the most commented looks on social media are Diana Chavez, Claudia Vieira and Andrea Rodriguez, all perfect for this time of year.

Below we leave you photos of the visuals that stood out the most.

With a long dress with some transparency Diana Chavez I had to stand up for courage and creativity. The TV presenter’s hairstyle, however, did not cause unanimity in social networks.

Claudia Vieira opted for a long white dress with a blue pattern, which is easily associated with summer. The leading bronze also did not go unnoticed.

In black and with a bag to complete the look, Andrea Rodriguez She chose a young dress, which she complemented with green sandals.

Joao Paulo Souza Spread elegance with a pink tuxedo.

Sponsorship of Carolina presented himself with two different views at a party. The first one is a green set in which the belly can be seen, while the second one, which is completely white, was used during the broadcast broadcast by the channel.

Jani Gabriel chose a white set for the occasion to accentuate her bronze. The look was completed with large earrings.

Yva Lamarao appeared in a greenish-yellow dress with a lot of glitter and a small neckline.

Claudia Borges chose a short white dress that completely exposed her back. The host chose a long braid.

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Pink and with long sleeves, this is how Sofia Arruda introduced herself.

Renato Godinho wore a very casual floral shirt, which he paired with blue trousers and white sneakers.

Read also: Alexandra Lencastre crashes SIC summer party and explains why

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The Undertaker comments on Triple H’s “Nova WWE”

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The Undertaker comments on Triple H's "Nova WWE"

Vince McMahon retired last month it’s in WWE has undergone a major revolution in its structure and leadership of the various departments. Stephanie McMahon and Nick Khan named new co-CEOse Triple H became the head of the creative teamas well as EVP Talent Relations.

many stars Struggle say they have positive hopes for a shift towards better product quality.

The Undertaker is known to be very close to Vince McMahon and Triple H. “Dead Man” said in an article for ESPN:

They take little responsibility for what fighters can say and do. I think the product will probably be a little more aggressive. I think it will be more noticeable in the creative part. They’ve kind of been in this recreational mode, so they need a little courage.

These things will help because WWE will do it better than any other company. I hope that many people know how to control and give these things some meaning, and not do it just for the sake of it.

The Undertaker also offered his opinion on Triple H’s new management:

I mean, he’s great, he really is. I don’t think he gets enough recognition for his wrestling acumen. I think he will be a great help in the development of many fighters. It will tell you what you are doing right and what is wrong. I think it will be a step in the right direction with Hunter. [Triple H].

Undertaker is known to have been present backstage Summer Slam and the next day at Ric FlairLast match.


What do you think of these new Undertaker statements?

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