British Airways Boosts Cash Availability

British Airways
Credit: Jeff Garrish/British Airways
LONDON—British Airways (BA) has boosted its financial reserves by extending its U.S. dollar-secured revolving credit facility for one year from June 23, 2020 to June 23, 2021. The UK flag carrier’s move comes as the effects of the COVID-19 crisis continue to shred airlines’ balance sheets worldwide...

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