EasyJet Secures New State-Supported Loan To Increase Liquidity

easyJet
Credit: London Gatwick Airport
British LCC easyJet said it had signed a new $1.87 billion five-year term loan facility as it takes more steps to bolster its finances as it looks to ride out the ongoing COVID-19 crisis. In tandem with the transaction, easyJet said it would repay and cancel part of its shorter-term debt...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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