Posts tagged: easyJet

Cash calls - who is next? - Part 13

Wednesday, 24 June 2020, 10:59 pm

So, it looks like Betaville will have to remove easyJet from the "cash calls - who is next?" list after the low cost airline announced an emergency placing to raise up to £450 million this evening...

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Tags: easyJet, IAG

IAG and easyJet could tap equity market for fresh funds, say Citigroup analysts - Part 3

Tuesday, 5 May 2020, 4:33 pm

Citigroup is today telling clients easyJet will have to launch a major cash call to raise between £700 million and a £1 billion.

Mark Manduca - airlines analyst at Citigroup, and son of City grandee and Prudential chairman Paul Manduca - reckons there is now a "high" probability the budget airline will have to carry out a rights issue in the coming weeks or months...

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Cash calls - who is next? - Part 4

Wednesday, 29 April 2020, 7:10 am

There is talk circulating the London market that one of Britain's biggest companies is set to launch a large cash call.

Reliable people familiar with the matter said the mystery company, thought to be in the FTSE 100 index, said the equity capital fundraising could be imminent.

However, it's not clear which blue chip company is going to kick off the rights issue or placing. If you think you have an idea, do get in touch via the usual channels, such as ben@betaville.co.uk...

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IAG and easyJet could tap equity market for fresh funds, say Citigroup analysts - Part 2

Tuesday, 28 April 2020, 7:47 am

Sir Stelios is WILLING to back a cash call at easyJet IF the airline cancels the £4.5 billion Airbus order, and throws out its chairman and chief executive.

I just needed to clear that point up following last week's Betaville piece, which suggested Sir Stelios might not be happy about a potential equity capital raising at easyJet...

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Sunday review: easyJet, Virgin Atlantic and Lansdowne Partners - Part 2

Monday, 27 April 2020, 6:37 am

Investors in funds run by Lansdowne Partners can sleep a little easier.

A corporate communicator for the hedgie got in touch with little old Betaville to claim the The Sunday Telegraph's line about Lansdowne's interest in buying Virgin Atlantic is "wrong".

Mmmmmmmm...I have pasted the statetment from the Lansdowne lackey below so dear reader you can make your own mind up...

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Sunday review: easyJet, Virgin Atlantic and Lansdowne Partners

Sunday, 26 April 2020, 7:53 pm

If you weren't able to pick up a copy of the Mail on Sunday today you may not have noticed I had a chat with Sir Stelios about the company's board, the airline's precarious financial position and the possiblity of a cash call.

Sir Stelios was on rumbustious form, so I have pasted the link to the piece below if you missed piece:..

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