Tag Archives: overcome

Jet2.com raises £422m in share issue to overcome travel slowdown | News

Jet2 reports big losses for summer season | News

Jet2.com has raised £422 million in fresh capital as it seeks to weather the ongoing Covid-19 shutdown of travel. The company was earlier this week forced to delay its return to operation until mid-April, having previously hoped to begin trips again in March. The company sold around 40 million shares at £11.80 each, representing around […]

Vietnam Airlines to raise new capital to overcome Covid-19 losses | News

Vietnam Airlines to raise new capital to overcome Covid-19 losses | News

Vietnam Airlines has confirmed it will issue nearly US$346 million in new shares to existing stakeholders. The move comes as the flag-carrier seeks to accelerate its recovery from the impact of the Covid-19 pandemic and return to profitability by 2023. The issuance will be completed by June next year. Vietnam Airlines – considered the World’s […]

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