SUBSCRIBERS
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.