United plans to return cash to shareholders next year

09/6/2013 | Reuters

United Airlines' CFO John Rainey said the carrier intends to pay off $800 million in debt next year, which will allow the carrier to return cash to shareholders. "Once we pay that off, our balance sheet has a very different look than it did three or four years ago, and I think then we can have a much more rational discussion about the best way to increase shareholder value," said Rainey.

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