Jet2 Raises £422M To Weather Pandemic

Jet2
Credit: Nigel Howarth / Aviation Week
LONDON—UK leisure carrier Jet2 has raised approximately £422 million ($585 million) to help weather further COVID-19 pandemic-related shutdowns. London-listed Jet2 sold new shares that increased its total share capital by 20%. “The board believes that the proceeds will provide sufficient liquidity...

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