Germany’s flag carrier Lufthansa said on Friday it had signed a revolving credit facility of 2.0 billion euros ($2.17 billion) with a syndicate of international relationship banks to boost its liquidity.
The unsecured loan facility replaces Lufthansa’s existing undrawn credit lines of around 0.7 billion euros and will be available for three years with two one-year extension options, the airline said in a statement.
→ Lufthansa CEO Optimistic About Bid for ITA Airways.
“The signing of our first syndicated revolving credit facility strengthens our liquidity reserve and increases the efficiency of our balance sheet in securing our liquidity target of 6-8 billion euros,” Finance Chief Remco Steenbergen said.
HSBC Continental Europe, Landesbank Baden-Württemberg and UniCredit Bank acted as coordinating bookrunners and mandated lead arrangers, Lufthansa said.
Related Topics
LATAM Group Carries 6.9 Million Passengers in April, Boosting International Capacity
Wingo Launches New Direct Route Between Bogota and Valencia, Venezuela
Plus Ultra Reorganizing its Route Network: Temporary Suspension of Colombia Flights and Increased Frequencies to Peru, Argentina, and Venezuela
LATAM Airlines Reports $576 Million Net Profit in Q1 2026 and Revises Full-Year Guidance
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.