Lucia Ixtacuy+COVID Public Finance Support+British Airways+2020

Question: How much was the company granted in public finance support (state aid) because of the COVID-19 pandemic ?

Answer:

2.55B

Euro

WikiRate ID: 13052334

Metric Designer: Lucia Ixtacuy

Metric Title: COVID Public Finance Support

Company: British Airways

Year: 2020

Status:

Unverified - Added by Community

updated almost 2 years ago by Manali Rana

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pg. 1

“IAG - British Airways

€2,553,000,000 BAILOUT AGREED

Loan from HM Treasury and Bank of England's coronavirus corporate finance facility at pre-crisis commercial interest rates (£300m/€343m). A further loan of £2bn (€2.21bn) was granted to IAG by the British government on the last day of 2020.”

Manali Rana.....2022-07-21 05:28:26 UTC

Aid Type : Loan

Manali Rana.....2022-07-21 06:14:23 UTC