The International Airlines Group (IAG) has to accept a severe slump in business due to the corona pandemic. That's why the British Airways mother wants to get fresh money from investors - and that in the billions. An increase in capital by up to 2,75 billion euros is planned.
The largest IAG shareholder - the Arab carrier Qatar Airways - has already given the go-ahead. However, before the taps can be turned on, the shareholders must first approve the plan at a general meeting on September 8, how aero.de reported. There those involved have a lot to talk about. For example the loss of 2,1 billion euros in the second quarter.