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Global Trade Alert

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United Kingdom: British Airways secures £2 billion under the UKEF export development guarantee scheme

Description

On 31 December 2020, the International Airlines Group (IAG) announced that British Airways has secured a GBP 2 billion (USD 2.7 billion) loan from a syndicate of banks and partially guaranteed by UK E...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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