Browsing Tag
IAG
3 posts
Castlelake walked, Apollo swooped: What the £5.7bn easyJet deal really buys
Apollo's £5.7bn easyJet take-private at £7.15 a share offers a 54% premium to February, but EU ownership rules and court sanction still gate completion.
IAG (LSE: IAG) jumps 6.4% as British Airways owner moves to wipe out €825m of bond dilution
Three days after a profit warning, IAG is buying back €825m of 2028 convertibles. The move kills 5.6% dilution before it happens, and the market noticed.
Jet fuel hits $200 a barrel: airlines across Asia and Europe scramble to raise fares
Qantas, SAS, Air New Zealand and Air India raised fares as the Middle East conflict pushed jet fuel to $200 a barrel and closed Gulf airspace.