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The aviation group has signed a revolving credit facility with a syndicate of banks. The total amount available under the Facility is $ 1,755 billion and will last for a period of three years plus two one-year extension periods
Actually, the travel agencies expected support from their umbrella organization IATA, but now the agencies are apparently being put under further pressure. The aviation association is currently examining whether the amount of bank guarantees or sureties is still appropriate
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