IAG Mulls $3.2B Equity Raise As COVID-19 Downturn Drags On

Victoria Moores July 27, 2020
IAG
Over the next five years Aviation Week predicts that about 300 777s will return from storage, including 89 in 2021.
Credit: Joe Pries
International Airlines Group (IAG) is considering a €2.75 billion ($3.2 billion) rights issue to strengthen its finances as the coronavirus crisis continues. “The group is evaluating the merits of a rights issue of up to €2.75 billion that would further strengthen IAG’s balance sheet. No decision...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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