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BA parent IAG will tap UK government support to survive long slump

Published Thu, May 7, 2020 · 09:50 PM

London

BRITISH Airways parent IAG SA said it is tapping UK government support to boost liquidity as the Covid-19 outbreak depresses travel demand for years to come.

IAG will access the UK's Coronavirus Corporate Finance Facility after already receiving support in Spain, according to a statement Thursday.

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