IAG Gains Access To $1.8B Credit Facility With Syndicate Of Banks

Aer Lingus Airbus A320
Credit: Rob Finlayson
International Airlines Group (IAG) said it had signed a revolving credit facility with a syndicate of banks for a total available amount of $1.755 billion. The funding can be used for IAG carriers Aer Lingus, British Airways and Iberia, and is the airline group’s latest step toward shoring up its...
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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