International Airlines Group (IAG) has completed two financing agreements for British Airways. In total, the deals will leave the flag-carrier with liquidity of £2.45 billion.
Chief executives from leading UK-based airlines have added their voices to calls for the prime minister to ensure an aviation recovery roadmap is announced next week.
British Airways will be partnering with hygiene brand Dettol as part of a commitment to help keep its customers and colleagues safe.
The airline is seeking to power future flights with sustainable aviation fuel produced from sustainably-sourced ethanol, as part of a new partnership with the sustainable jet fuel company.
The airline has received commitments for a five-year term-loan Export Development Guarantee Facility. The funds are underwritten by a syndicate of banks, partially guaranteed by UK Export Finance.
British Airways has confirmed it will cancel services to more than 15 long-haul destinations next year as the Covid-19 pandemic continues to rock the aviation sector.
In September, ZeroAvia received global acclaim for completing the first hydrogen fuel cell powered flight of a commercial-size aircraft, which took off from Cranfield Airport.