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EasyJet Receives £1.4 billion Five-Year Loan

EasyJet Receives £1.4 billion Five-Year Loan

easyJet announced a five-year loan facility, worth £1.4 billion ($1.91 billion), with banks underwriting it and UKEF partially guaranteeing it. Some describe it as a bailout, as it gives the airline valuable liquidity. And they are not the first UK airline to receive...