European airline recaps to begin soon

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By Aidan Gregory
11 May 2020

European airlines are expected to turn to the equity capital markets soon for financing if they have no recourse to state aid, mirroring their peers on the other side of the Atlantic.

The pandemic has led to a plunge in the volume of air passengers around the world, creating a crisis in the aviation industry overnight that risks bankrupting many carriers.

According to the International Air Transport Association, the trade body for the world’s airlines, the aviation industry should ...

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