IAG says British Airways extends credit facility

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British Airways has extended its revolving credit facility by one year to June 2021, with $1.38 billion currently available under it, giving the carrier some flesh to weather out hardships due to the coronavirus crisis, its parent company IAG said on Monday.

FILE PHOTO: A British Airways plane taxis past tail fins of parked aircraft to the runway near Terminal 5 at Heathrow Airport in London, Britain March 14, 2020. REUTERS/Simon Dawson/File Photo

- British Airways has extended its revolving credit facility by one year to June 2021, with $1.38 billion currently available under it, giving the carrier some flesh to weather out hardships due to the coronavirus crisis, its parent company IAG said on Monday.Reporting by Muvija M in Bengaluru; Editing by Maju Samuel

 

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2.2......4

I hope BA is nationalised, as it should be.

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