Airlines
UK Airlines Start Using Government Loan Arrangements
With aviation in the UK all but grounded, the government is addressing emergency loan applications on a case-by-case basis.

Rather than attempt a huge airline sector bailout, the UK has stuck to its plans—with broad industry support—lowering barriers to loans to business announced last month while telling the aviation industry it can take advantage of the help just like everyone else. The effort has resulted in EasyJet, which grounded its entire fleet at the end of March, arranging a £600 million ($735 million) loan on Monday with the UK Treasury while also securing $500 million in credit facilities to ensure continued liquidity.