Deals expected after vaccine news lifts airline industry

By Aidan Gregory
26 Nov 2020

More airlines are expected to issue new shares and convertible bonds over the coming months as the industry prepares for a recovery in 2021, spurred by the widespread availability of Covid-19 vaccines.

Over the past few weeks, news of working vaccines from Pfizer and BioNTec, as well as Moderna and AstraZeneca, has lifted the share prices of some of the companies most damaged by Covid-19, including the world’s airlines. This has prompted investors to shift their allocation away from stay-at-home ...

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