LAXintl wrote:To boost its liquidity IAG plans €2.75bn billion rights issue.
Also will shuffleboard with Qatar Airways as the largest shareholder proposing two new directors to join the board.
BA parent IAG launches €2.75bn rights issue as losses swell
https://www.ft.com/content/55a792e3-dd7 ... 2bebd9e1df
Flyertalk is also reporting that IAG are raising almost $1bn from AMEX for them to advance purchase Avios points which are given to custmers as rewards for spendng on their AMEX/BA credit card.
https://www.flyertalk.com/articles/amer ... _campaign=