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UK tells airlines to try raising own capital before state will help-source

Tue, 24th Mar 2020 14:26

LONDON, March 24 (Reuters) - Britain has told airlines that
state investment to help them survive the coronavirus crisis
will only be considered once they have looked at the possibility
of raising capital from existing investors, a person familiar
with the situation said.

Earlier on Tuesday, Sunak told parliament he expected to
make an announcement on support for airlines soon.
(Writing by William Schomberg, editing by Estelle Shirbon)

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