03-09-2020 18:58 via uk.finance.yahoo.com

Ryanair taps investors for €400m

Ryanair is to ask investors for €400m (£360m) to bolster its finances ahead of the traditionally loss-making winter months. Europe’s biggest carrier said it was going through the most challenging period in its history as the fallout of the Covid-19 pandemic continues to wreak havoc on the aviation industry. Ryanair will raise the cash from institutional investors. The money would allow the carrier to “capitalise on significant post-Covid-19 growth opportunities”, str
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