Global Trade Alert
Global Trade Alert

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

Announcement

31 Dec 2020

On 31 December 2020, the International Airlines Group (IAG) announced that British Airways has secured a GBP 2 billion loan from a syndicate of banks under the UKEF's export development guarantee scheme.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2020

Revocation date:

No revocation date

Updated: 31 Dec 2020
Loan guarantee In force

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 U...

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