Airlines and carmakers benefit from UK Covid relief scheme

British Airways, EasyJet, Wizz Air and Ryanair have taken £1.8bn from scheme so far

Airlines, carmakers and oilfield engineers have benefited by billions from the government’s economic rescue plans, despite ministers’ assurances on a green recovery from the coronavirus crisis.

British Airways, EasyJet, Wizz Air and Ryanair are among the 53 companies revealed on Thursday afternoon as beneficiaries from the Bank of England’s Covid Corporate Financing Facility.

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British Airways, EasyJet, Wizz Air and Ryanair have taken £1.8bn from scheme so farCoronavirus – latest updatesSee all our coronavirus coverageAirlines, carmakers and oilfield engineers have benefited by billions from the government’s economic rescue plans, despite ministers’ assurances on a green recovery from the coronavirus crisis.British Airways, EasyJet, Wizz Air and Ryanair are among the 53 companies revealed on Thursday afternoon as beneficiaries from the Bank of England’s Covid Corporate Financing Facility. Continue reading…

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