Parliament Approves Icelandair State Guarantee

Credit: Nigel Howarth / Aviation Week
The Icelandic parliament has agreed to guarantee up to 90% of a $120 million credit facility for Icelandair to help the airline weather the COVID-19 crisis. Icelandair announced the approval Sept. 4, marking a key step in the company’s financial restructuring. “The credit facility may only be used...

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