Airline

American to raise $1bn of equity; retires A330 fleet

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American to raise $1bn of equity; retires A330 fleet

American Airlines is seeking to boost its liquidity further with a new $1bn equity issuance, led by underwriters Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley and BNP Paribas. This is the second time the airline sold equity, after the sale of $750million  of equity in June along with...

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