RE: EZJ9 Sep 2021 21:03
From another broker.
"Ultimately, when a company asks the market for more money you want it to be for growth rather than necessity. In easyJet's case, it's a combination of the two. Depending on how the pandemic plays out over the next six months, the cash injection could be useful either way. The winds of change are blowing in the airline sector and we think easyJet's preparing itself to utilise the uncertainty as a tailwind. However, visibility within the sector is still quite thin, so investors will need a strong stomach to get behind this plan."