LONDON—British airline easyJet said its investors had bought 93 percent of the new shares on offer in its 1.2 billion pound ($1.64 billion) rights issue, designed to help fund its recovery from the pandemic.
The airline announced the cash call, its second during 18 months of COVID-19, earlier this month, at the same time as revealing it had rejected a takeover approach from an unnamed suitor, believed to be low cost rival Wizz Air.