Global Trade Alert
Global Trade Alert

Iceland: Government of Iceland grants USD 108 million credit facility to Icelandair (COVID-19)

Announcement

04 Sep 2020

In September 2020, the Parliament of Iceland approved a Government proposal to extend a USD 120 million loan guarantee to Icelandair following the company's financial hardship in the COVID-19 pandemic. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Sep 2020

Revocation date:

No revocation date

Updated: 04 Sep 2020
Loan guarantee In force

On 4 September 2020, the Parliament of Iceland approved a Government proposal to extend loan guarantee to Icelandic flight operator Icelandair following the company's financial hardship in the COVI...

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