In case you are not aware, every big company is a bank. They have to play financial games with whatever money they get and if there's any time gap between when they receive the money and when they have to deliver the good or service, they invest the money in the meantime to get some yield. If their customers can't pay right away, then they partner with banks who loan money which prints more money.
Such is the way of fiat.
Yes and no. They dont have a banking license, at least not all do. Which allows them to turn a load agreement into legal tender.
Airlines are banks that also fly planes. Their miles are fiat.
Also they borrow money at such a low rate (at least Meta and similar) that if they have to buy something very expensive, like new a building for new offices, they loan the money rather than spending their own. Even if they have the capital.
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