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BA aims to sell shares, dodge bailout - sources

Reuters, 25 Jul 2020
British Airways is scrapping all its Boeing 747 jumbo jets. It’s cutting capacity to prepare for years of weak demand for air travel. Now Reuters sources say owner IAG has a plan to get its finances in good order too. They say the company will probably sell shares at the end of the summer, in a bid to raise almost 2.9 billion dollars.

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