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In the dash to secure financing, airlines have either been drawing down from on existing credit lines or taking on new loans.(Unsplash)

Airlines borrow $31 billion to weather pandemic blow to travel

By Bloomberg | Hindustan Times
UPDATED ON APR 28, 2020 04:17 PM IST
Lenders worldwide have pledged more than $31 billion of loans to major airlines scrabbling to line up funding as the coronavirus pandemic forces them to ground their fleets.
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