I believe the rights issue is because the Board realise that it’s the cheapest way to gain some more time.
As WW has repeatedly stated the company has barely 20% revenue at the moment, with L/H to the states almost zero.
They have a willing buyer in Qatar so the issue should be funded. Someone has mentioned why Qatar? I believe it’s because they too have problems with the Saudi over flight ban, they have plenty of cash and are always looking to diversify. Look at their huge investments in the City. So this is not a normal transaction, just pragmatic for both parties.