Shareholders in BA owner IAG back rights issue

British Airways owner IAGannounced the results of its 2.74-billion-euro capital increase, saying on Thursday that it sold 100% of the new shares in its plan to help strengthen its pandemic-hit finances.The funds will be used to reduce debt and help IAG withstand a prolonged downturn in travel, chalking up a first success for new CEO Luis Gallego who took over from Willie Walsh in September.The airline group, which also owns Iberia, had already said that its largest shareholder, Qatar Airways Gro