Citi, Etihad Airways sign supply chain finance partnership

Dubai

Citi, a cash management and trade services provider, and Etihad Airways have signed an agreement to provide a supply chain finance solution to pay select suppliers, the two companies said in a joint statement on Sunday. The financing programme will enable Etihad Airways to unlock liquidity and pay its suppliers almost immediately through funding provided by Citi, they stated. The programme also offers a customised structure that will cater to the airline’s supplier segment worldwide, and will facilitate access to liquidity across businesses of all sizes.