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LCC Flyr seeks new funds to ease strained finances and get through the winter
New Norwegian airline Flyr is seeking to raise around $50 million of new funds to help ease its…
Air France-KLM launches $2.4 billion rights issue to reduce debt
Franco-Dutch carrier Air France-KLM announced a $2.419 billion (€2.256 billion) rights issue to existing shareholders to strengthen the…
Airline stocks jump as India removes COVID-19 restrictions
Indian airlines have experienced a rapid growth in stock prices following the lifting of the government’s restrictions on…
Vietnam Airlines boosts its capital with $1 billion
Vietnam Airlines, the flag carrier of Vietnam, has issued additional shares to its current shareholders in order to…
Virgin Galactic stakes drops after holders file shares for sale
On December 18, 2020, Virgin Galactic shares fell by 4% after shareholders offered 113 million of stock for…
Japan Airlines to boost capital by $1.6 billion public offering
Having suffered a significant drop in the demand, Japan Airlines (JAL) announced plans to raise its capital by…
Rolls-Royce to place new shares for $2.6 billion
Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately $2.6 billion. In order to…
Investors take up British Airways parent shares for €2.75 billion
British Airways parent company International Airlines Group (IAG) (IAG) has raised €2.75 billion after placing new shares to…
9 of top 10 airline stocks are Chinese, gauge shows
Bloomberg’s gauge of the airline sector shows that over the past three months, almost all of the ten…