PPRuNe Forums - View Single Post - British Airways-2
View Single Post
Old 5th Jan 2021, 07:12
  #33 (permalink)  
SWBKCB
 
Join Date: Apr 2003
Location: Northumberland
Posts: 8,545
Received 87 Likes on 59 Posts
It was moved to the BA thread in the "Airlines, Airports & Routes" forum - and it's not a handout.
International Airlines Group has confirmed subsidiary British Airways has secured a state-backed £2 billion loan which it expects to draw down this month. The five-year loan – which can be repaid at any time on notice – has been underwritten by a syndicate of banks and “partially guaranteed” by UK Export Finance (UKEF).
https://www.businesstraveller.com/bu...xport-finance/
SWBKCB is offline