PPRuNe Forums - View Single Post - Jet2 at London Gatwick - will they move in permanently?
Old 6th Apr 2023, 21:12
  #40 (permalink)  
Biffsticksuperhero
 
Join Date: Feb 2019
Location: UK
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Jonty
They did, by launching a rights issue and massively diluting their current share holders.
The previous rights issues were to create funds to stay afloat without further loans. The rights issue now is to pay the remaining of the loan. The €750mil paid was from the profits. 👍
Biffsticksuperhero is offline