United Airlines to raise $2.25 billion in bonds, rolls back plan to cut work hours

May 6, 2020 admin Business News Comments Off on United Airlines to raise $2.25 billion in bonds, rolls back plan to cut work hours

United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand, and backtracked on a controversial plan to cut working hours for thousands of employees.

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Source:: Reuters – Business News