Lundgren explains thinking behind EasyJet’s £1.2 billion rights issue

Johan Lundgren EasyJet

EasyJet’s £1.2 billion ($1.4 billion) rights issue will be used to reduce debt, help deliver a strong financial position going into the winter season where demand remains uncertain and give the carrier funds available to take growth opportunities as they arise, says EasyJet chief executive Johan Lundgren.

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