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Airbus signs credit facility for 15b euros, withdraws 2020 guidance

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Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for 15 billion euros (S$23.45 billion).

[PARIS] Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for 15 billion euros (S$23.45 billion).

The European planemaker added it was withdrawing its 2020...

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