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EasyJet announces a 1.4 billion euros capital increase

The carrier wants to recover from the drop in traffic caused by the pandemic

EasyJet announces a 1.2 billion pounds (1.4 billion euros) capital increase to recover from the pandemic. At the same time, the low-cost company will activate a new four-year senior secured revolving credit line worths 400 million dollars.This move will make it possible to "strengthen the financial report and exploit the growth opportunities, arising from the expected recovery in air transport market...

Gic - 1238852

AVIONEWS - World Aeronautical Press Agency
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