British Airways Increases Liquidity With Government Deal
Credit: Brendan Smialowski/AFP/Getty Images
LONDON—British Airways (BA) has moved to further bolster its balance sheet with agreement on a new credit facility with a UK government agency. BA’s parent company, International Airlines Group (IAG) said Nov. 1 that the airline had agreed with UK Export Finance (UKEF) and a syndicate of banks to a...
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