Originally Posted by
WHBM
If you are going for growth you would have all your funding etc lined up before you start. That's professional finance.
I still can't see what the Rights Issue will achieve long term given it is only the amount of the loss last year, and will be absorbed by that. The comparisons with the last year of Dan-Air are uncanny (established carrier, big increase in schedules, rights issue in the bottom season, that investment going straight out of the door again to pay past debts, etc).
Hardly as no one will commit the type of money needed. Everybody thinks shortterm.