Air France signed a €1.2 billion ($1.54 billion) five-year syndicated multicurrency revolving credit facility with 19 international banks. According to the carrier, the facility will enable it to "strengthen its liquidity position and can be used for its general corporate purposes." It also will "diversify its sources of financing, in addition to the existing structured aviation finance deals."
"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.