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Old 28th Apr 2016, 03:58
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Blitzkrieger
 
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Trouble in paradise?

FIFO aviation operator Cobham to raise $941m amid mining slowdown | smh.com.au

A slowdown in the fly-in/fly-out aviation market in Australia has contributed to UK-listed operator Cobham issuing a profit warning and unveiling plans for a surprise £500 million ($941 million) capital raising to avoid breaching debt covenants.
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