Question: United Continental Holdings the parent of United Airlines and Continental

United Continental Holdings, the parent of United Airlines and Continental Airlines, signed contracts with its major creditors (mostly banks) that require the company to maintain a minimum cash balance of $3.0 billion and a minimum ratio of cash flow to required payments of 1.50. Discuss why the creditors impose such restrictions on the airline company.


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  • CreatedAugust 19, 2014
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